SPX.IND – getting close to psychological price line
SPX.IND 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 22 hours and may test it again within the next […]
4 consecutive daily bearish candles on GBPUSD
GBPUSD has moved lower after 4 consecutive daily candles from 1.2854 to 1.2716 in the last 5 days.
Huge bullish move on UKX.IND
UKX.IND has moved higher by 1.21% from 7442.7 to 7533.0 in the last 12 hours.
EURGBP approaching resistance of a Channel Up
EURGBP is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 13 hours.
USDCHF broke through important 0.8783 price line
USDCHF has broken through a resistance line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 0.8817 within the next 9 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
EURUSD has broken through support
EURUSD has broken through a support line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 1.0877 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Huge bearish move on UKX.IND
UKX.IND has moved lower by 2.11% from 7716.4 to 7553.3 in the last 2 days.
NDX.IND approaching resistance of a Channel Down
NDX.IND is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 7 hours.
EURGBP broke through important 0.8598 price line
EURGBP has broken through a resistance line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 0.8658 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.
AUDUSD approaching support of a Falling Wedge
AUDUSD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 19 days. If it tests this line again, it should do so in the next 3 days.