Garnet Fx Trade

SPX.IND – getting close to psychological price line

SPX.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 3 days and may test it again within the next […]

NDX.IND has broken through resistance

NDX.IND has broken through a resistance line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 14799.4328 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 […]

UKX.IND – getting close to psychological price line

UKX.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 27 days and may test it again within the next […]

XAUUSD approaching support of a Channel Down

XAUUSD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 12 hours.

EURUSD approaching support of a Channel Down

EURUSD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days.

UKX.IND broke through important 7647.2998 price line

UKX.IND 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 7589.5898 within the next 11 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

XAUUSD approaching resistance of a Channel Up

XAUUSD is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 14 days. If it tests this line again, it should do so in the next 3 days.