GBPUSD broke through important 1.2838 price line
GBPUSD has broken through a support line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 1.2752 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.
NDX.IND approaching resistance of a Ascending Triangle
NDX.IND is approaching the resistance line of a Ascending Triangle. 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 17 hours.
XAGUSD has broken through resistance
XAGUSD has broken through a resistance line. It has touched this line at least twice in the last 6 days. This breakout may indicate a potential move to 24.4309 within the next 13 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
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 12 days and may test it again within the next […]
EURGBP approaching support of a Channel Down
EURGBP is approaching the support line of a Channel Down. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
Huge bearish move on AUDUSD
AUDUSD has moved lower by 2.48% from 0.68115 to 0.66426 in the last 2 days.
4 consecutive daily bearish candles on EURGBP
EURGBP has moved lower after 4 consecutive daily candles from 0.8657 to 0.8570 in the last 5 days.
XAUUSD has broken through support
XAUUSD has broken through a support line. It has touched this line at least twice in the last 14 days. This breakout may indicate a potential move to 1933.5600 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 […]