Garnet Fx Trade

USDCHF approaching support of a Channel Up

USDCHF is approaching the support line of a Channel Up. 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 5 hours.

DAX.IND approaching support of a Channel Down

DAX.IND is approaching the support line of a Channel Down. It has touched this line numerous times in the last 23 days. If it tests this line again, it should do so in the next 2 days.

EURUSD – getting close to psychological price line

EURUSD 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 7 days and may test it again within the next […]

USDCAD approaching resistance of a Rising Wedge

USDCAD is approaching the resistance line of a Rising Wedge. 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 19 hours.

XAGUSD broke through important 23.0410 price line

XAGUSD has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 23.4304 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.

GBPUSD approaching support of a Falling Wedge

GBPUSD is approaching the support line of a Falling Wedge. 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 5 hours.

EURUSD broke through important 1.0581 price line

EURUSD has broken through a support line. It has touched this line numerous times in the last 14 days. This breakout shows a potential move to 1.0513 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 Channel Up

AUDUSD is approaching the support line of a Channel Up. 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 8 hours.