This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Imagine a basketball player executing a convincing fake jump shot and holding just before his feet ...
The SPY is trading in a long-term rising channel pattern and on Wednesday was bouncing up from the lower trend line. The pattern is considered to be bullish unless a stock or ETF breaks down from the ...
Natural gas prices are consolidating within a rising channel, with volatility increasing as price tests key moving-average resistance and trendline support that could define the next directional move.
USD/JPY tests the immediate support at the nine-day EMA of 154.85. The 14-day Relative Strength Index near 46 suggests neutral conditions and stabilizing momentum. The primary resistance lies at the ...