Over the last two months SPY has formed a stealthy head and shoulders pattern. It is not a clean pattern with very defined shoulders or heads but the overall shape and concept is there and today SPY ...

Right now, the key technical pattern to watch is a possible head and shoulders, with the neckline around the 146 support level. If USD/JPY breaks below this zone and the lower channel boundary, the ...

SOXX has had an underwhelming 2024. It is closely correlated to MSFT which shows how much it relies on the hyperscalers. A large head and shoulders top is forming and the uptrend channel has broken.

US Dollar (USD) traded a subdued range overnight in absence of key catalyst. Fedspeaks go into blackout so that puts the focus on data before FOMC next Thursday (19 December). DXY was last at 106.35, ...

The EUR/USD pair shows consolidation, with a head-and-shoulders pattern signaling a potential correction. The Fed’s statement tone, not just interest rates, will heavily influence the US dollar’s ...

The US Dollar (USD) traded lower last Fri post-release of payrolls, unemployment report. But subsequently traded higher into NY close. DXY was last at 105.95 levels, OCBC’s FX analysts Frances Cheung ...

Historical patterns show that persistent declines in this measure often precede broader equity downturns. S&P 500 Faces Test The S&P 500 is at a critical juncture, with a potential head-and-shoulders ...

A softer-than-expected U.S. PPI pushed bitcoin (BTC) past $113,600, confirming the bullish inverse head and shoulders pattern highlighted earlier this week. The breakout signals the end of the recent ...

After rallying over 50% since early November, bitcoin (BTC), the leading cryptocurrency by market value, looks to be carving out a pattern. If completed, this could see prices revisit the mid-$70Ks.