USDCAD – Continuation Chart Pattern – Falling Wedge
USDCAD is heading towards the support line of a Falling Wedge and could reach this point within the next 17 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
XAGUSD is moving, act now
XAGUSD hits 32.325 after a 9.62% move spanning 4 days.
A potential bearish movement on USDTRY
USDTRY is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
Confirmed breakout on USDCHF 30 Minutes chart
A strong resistance level has been breached at 0.9089 on the 30 Minutes USDCHF chart. Technical Analysis theory forecasts a movement to 0.9111 in the next day.
What’s going on with NDX.IND?
NDX.IND has moved higher by 7.44% from 15581.843 to 16740.593 in the last 17 days.
XAGUSD trade outlook at 2024-05-16T22:45:00.000Z until 2024-05-16T22:45:00.000Z
XAGUSD moved through the support line of a Triangle at 29.5851914893617 on the 15 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 29.3292.
A potential bullish movement on USDTRY
USDTRY is moving towards a line of 32.3244 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDTRY continues in its current trajectory, we […]
AUDUSD running upward, don’t miss out.
A movement of 4.37% over 28 days on AUDUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Either a rebound or a breakout imminent on XAUUSD
XAUUSD is heading towards the resistance line of a Channel Up. If this movement continues, the price of XAUUSD could test 2440.4043 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
UKX.IND was on its way up
UKX.IND has experienced an exceptionally large movement higher by 7.24% from 7878.9 to 8449.6 in the last 29 days.