4 consecutive daily bearish candles on USDCHF
USDCHF has moved lower after 4 consecutive daily candles from 0.9211 to 0.9100 in the last 4 days.
DAX.IND has broken through resistance
DAX.IND has broken through a resistance line. It has touched this line at least twice in the last 24 days. This breakout may indicate a potential move to 15508.6227 within the next 4 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
EURUSD has broken through resistance
EURUSD has broken through a resistance line. It has touched this line at least twice in the last 22 days. This breakout may indicate a potential move to 1.0641 within the next 4 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Huge bullish move on USDCHF
USDCHF has moved higher by 4.4% from 0.87811 to 0.91677 in the last 37 days.
GBPUSD broke through important 1.2177 price line
GBPUSD has broken through a resistance line. It has touched this line numerous times in the last 10 days. This breakout shows a potential move to 1.2259 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
DAX.IND approaching resistance of a Channel Down
DAX.IND is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 24 days. If it tests this line again, it should do so in the next 3 days.
Huge bearish move on XAUUSD
XAUUSD has moved lower by 5.42% from 1929.56 to 1825.01 in the last 14 days.
EURGBP – getting close to psychological price line
EURGBP is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 16 days and may test it again within the next […]
DAX.IND approaching support of a Falling Wedge
DAX.IND is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 33 days. If it tests this line again, it should do so in the next 3 days.
6 consecutive daily bearish candles on XAUUSD
XAUUSD has moved lower after 6 consecutive daily candles from 1925.2600 to 1848.4300 in the last 9 days.