Garnet Fx Trade

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 7 days. If it tests this line again, it should do so in the next 2 days.

EURGBP – getting close to psychological price line

EURGBP 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 […]

SPX.IND approaching resistance of a Channel Up

SPX.IND is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.

XAUUSD has broken through support

XAUUSD has broken through a support line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 1853.5972 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

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 […]

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 5 days. If it tests this line again, it should do so in the next 9 hours.

SPX.IND broke through important 4333.1602 price line

SPX.IND has broken through a resistance line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 4371.2612 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.