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 5 days and may test it again within the next […]
EURGBP has broken through support
EURGBP has broken through a support line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 0.8678 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 […]
XAUUSD – getting close to psychological price line
XAUUSD 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 5 days and may test it again within the next […]
DAX.IND approaching resistance of a Flag
DAX.IND is approaching the resistance line of a Flag. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 2 days.
Huge bearish move on UKX.IND
UKX.IND has moved lower by 3.56% from 7656.0 to 7383.1 in the last 6 days.
GBPUSD – getting close to psychological price line
GBPUSD 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 23 days and may test it again within the next […]
AUDUSD approaching support of a Descending Triangle
AUDUSD is approaching the support line of a Descending Triangle. 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 10 hours.
XAGUSD approaching resistance of a Channel Up
XAGUSD is approaching the resistance line of a Channel Up. 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 USDCHF
USDCHF has moved lower by 0.91% from 0.89943 to 0.89123 in the last 14 hours.
XAGUSD – getting close to psychological price line
XAGUSD 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 2 days and may test it again within the next […]