UKX.IND approaching support of a Falling Wedge
UKX.IND is approaching the support line of a Falling Wedge. 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 6 hours.
DAX.IND – getting close to psychological price line
DAX.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 21 days and may test it again within the next […]
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 12 days. If it tests this line again, it should do so in the next 2 days.
XAUUSD broke through important 1921.5699 price line
XAUUSD has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 1931.2990 within the next 10 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
XAGUSD approaching resistance of a Channel Down
XAGUSD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 11 hours.
USDCHF broke through important 0.9002 price line
USDCHF has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 0.8968 within the next 18 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
SPX.IND has broken through resistance
SPX.IND has broken through a resistance line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 4352.8793 within the next 6 hours. 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 DAX.IND
DAX.IND has moved lower by 2.57% from 15549.4 to 15149.9 in the last 2 days.
6 consecutive 4 hour bearish candles on NDX.IND
NDX.IND has moved lower after 6 consecutive 4 hour candles from 15209.9900 to 14985.0300 in the last 2 days.
DAX.IND – getting close to psychological price line
DAX.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 10 days and may test it again within the next […]