Trading the Falling Wedge Pattern
The falling wedge (also known as the descending wedge) is a useful reversal and continuation pattern. Learn how to spot the falling wedge and how to trade it.
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The falling wedge (also known as the descending wedge) is a useful reversal and continuation pattern. Learn how to spot the falling wedge and how to trade it.
The Japanese Yen is holding its ground, but its broader decline remains in play. USD/JPY and AUD/JPY face key resistance zones. A rejection could hint at near-term losses.
The sentiment-linked New Zealand Dollar gained as the Dow Jones and S&P 500 climbed. But, soft Amazon and Apple earnings risk evaporating NZD/USD’s progress during Asia-Pacific trade.
Gold prices remain mostly stagnate as central bank rate hike bets continue to move higher despite pullbacks in economic growth forecast.
The Canadian Dollar faces key technical barriers versus the US Dollar, Euro, and New Zealand Dollar this week. Here are the key levels to watch.