UKX.IND – getting close to psychological price line
UKX.IND is moving towards a resistance 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 11 days and may test it again within the next […]
USDCAD has broken through support
USDCAD has broken through a support line. It has touched this line at least twice in the last 11 days. This breakout may indicate a potential move to 1.3634 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
NDX.IND broke through important 15321.8799 price line
NDX.IND has broken through a support line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 15039.7637 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
UKX.IND approaching support of a Channel Down
UKX.IND is approaching the support line of a Channel Down. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 8 hours.
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 6 days. If it tests this line again, it should do so in the next 8 hours.
NDX.IND – getting close to psychological price line
NDX.IND is moving towards a resistance 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 6 days and may test it again within the next […]
USDCAD approaching support of a Triangle
USDCAD is approaching the support line of a Triangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 15 hours.
SPX.IND approaching support of a Falling Wedge
SPX.IND is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 12 hours.
EURGBP has broken through resistance
EURGBP has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 0.8581 within the next 14 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
EURUSD – getting close to psychological price line
EURUSD 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 12 days and may test it again within the next […]