Tag: head and shoulders formations
S&P 500 Technical Update: Bulls And Bears Set To Collide
Just as traders were readying for some follow through to the downside, stocks put in a strong performance Thursday, erasing all of Wednesday's losses....
EURUSD: Bouncing into a Breakdown
The resurgent US Dollar Index (futures symbol: DX) pushed to nearly 3 year highs this morning in the wake of better-than-expected consumer sentiment data,...
Currency Update: US Dollar Head and Shoulders Chart Pattern
By Andrew Nyquist
In December, I wrote about the possible US Dollar head and shoulders chart pattern in "flipping the switch." In that piece, I included...
US Dollar Forming Technical Head and Shoulders
By Andrew Nyquist
After making new highs in July, the US Dollar Index retraced roughly 50 percent of its run from the 2011 lows. This key Fibonacci...
