The S&P 500 is trading at new highs. GBPJPY is highly correlated to the S&P 500, but has not broken out of a triangle. GBPJPY has just rebounded from the daily 23.6% Fibonacci level which is bullish.

Harmonic patterns typically have a triangle as an important component. The three points of the triangle offer targets, invalidation levels and risk management levels. 112920136EDMTS thumb Triangles, ...

USDCAD currency pair can be expected to fall to the next support level 75.00 – target price for the completion of the active ...