USDTRY approaching resistance of a Rising Wedge
USDTRY is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.
DAX.IND – getting close to psychological price line
DAX.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 28 days and may test it again within the next […]
EURUSD approaching resistance of a Channel Down
EURUSD is approaching the resistance line of a Channel Down. 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 16 hours.
SPX.IND – getting close to psychological price line
SPX.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 3 days and may test it again within the next […]
EURUSD broke through important 1.0855 price line
EURUSD has broken through a support line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 1.0803 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.
XAGUSD has broken through support
XAGUSD has broken through a support line. It has touched this line at least twice in the last 16 days. This breakout may indicate a potential move to 24.2319 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 […]
5 consecutive daily bullish candles on NDX.IND
NDX.IND has moved higher after 5 consecutive daily candles from 14810.8200 to 15471.1800 in the last 7 days.
Huge bullish move on USDCAD
USDCAD has moved higher by 2.9% from 1.32173 to 1.36009 in the last 47 days.
USDTRY broke through important 26.6802 price line
USDTRY has broken through a resistance line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 26.9879 within the next 11 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
SPX.IND has broken through resistance
SPX.IND 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 4538.5377 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 […]