Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Fundamental analysis tries to determine value and estimate the future market price based on a stock's underlying fundamentals. Technical analysis relies on charts to forecast prices. The goal of ...
Technical analysis is the process of examining a stock or security’s price movements, trading volume, and trends to determine how or when to trade it and predict its price movements. There are plenty ...
The Australian Dollar is under pressure on Wednesday as investors brace for the strong possibility of a rate cut by the Reserve Bank of Australia on October 1. On Tuesday, RBA governor Philip Lowe ...
The Australian Dollar continues to oscillate in a now-familiar range below the 0.73 figure against its US counterpart after the RBA policy announcement failed to inspire volatility. Taking the longer ...
The New Zealand Dollar is trading lower early Monday as traders positioned themselves ahead of Wednesday’s release of the September quarter inflation figures. Economists expect the consumer price ...
, the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x Research. Early Monday ...
A triangle pattern develops in the middle of a trend and typically indicates that the existing trend is likely to continue. As price travels sideways, a triangle chart pattern is generated by drawing ...