Page 22 - Technical Forecast News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nasdaq 100, Hang Seng Index Forecast: "Double Bottom" Signals Bullish Trend Reversal Nasdaq 100, HANG SENG index Technical Forecast: Bullish The Nasdaq 100 index has likely formed a “Double Bottom” following a bearish Gartley pattern This may result in a bullish trend reversal and lead the way to test its all-time high of 14,073 The Hang Seng Index (HSI) is challenging a key chart resistance after months of consolidation Chart by TradingView The Nasdaq 100 index been in a consolidative state since mid-April after forming a bearish Gartley pattern. This setup is a classic harmonic chart pa...

Canadian Dollar Forecast: USD/CAD Seven-Week Plunge Searches Support 2021-05-17 18:00:00 Michael Boutros, Strategist Canadian Dollar Technical Price Outlook: USD/CAD Weekly Trade Levels Canadian Dollar updated technical trade levels - Weekly Chart USD/CAD six-week breakdown plummets into technical support hurdle – Canada Inflation on tap Support objectives at 1.2048, 1.1919- Resistance 1.2247, bearish invalidation 1.2358 Advertisement The Canadian Dollar has plummeted more than 5% against the US Dollar year-to-date with USD/CAD attempting to mark a seventh consecutive weekly decline into fr...

Nasdaq 100 Forecast: Bearish Gartley Pattern Hints at Downward Pressure Nasdaq 100 index Technical Forecast: BEARISH The Nasdaq 100 index has likely formed a bearish Gartley pattern - a classic harmonic configuration The MACD indicator formed a bearish crossover and pierced below the neutral midpoint, pointing to mounting downward pressure Chart by TradingView The Nasdaq 100 index has entered a consolidative mode since mid-April, falling more than 6% from its all-time high. The index formed a bearish Gartley pattern, as highlighted in the chart above, suggesting that a deeper pullback is like...

Gold Price Forecast: Gold Bulls Re-Ignite Big-Picture Bullish Trend 2021-05-07 20:00:00 James Stanley, Senior Strategist Gold Price Technical Forecast: Bullish It was a big week for Gold prices as the yellow metal broke out to fresh two-month-highs. The big question is whether the big-picture bullish trend is coming back into order after a near nine-month-pullback. Advertisement But that pullback didn’t really stop, and, well, it still hasn’t, as prices remain more than 10% off of that all-time-high nine months later. Along the way, massive rallies developed in cryptocurrencies and meme ...

Nasdaq 100 Forecast: New Record High Eyed as Bullish "Head & Shoulders" Pattern Develops Nasdaq 100 index Technical Forecast: Bullish The Nasdaq 100 index has likely entered a minor correction, but the medium-term bull trend remains intact A bullish inverse “Head and Shoulders” chart pattern remains in focus despite a short-term pullback Further development of the “H&S” formation may hint at further price gains with an eye on 14,386 The Nasdaq 100 index entered a brief consolidation period after rallying 11.3% from end-March to mid-April. The index’s rally appears to be taking a pa...