Garnet Fx Trade

EURUSD approaching support of a Falling Wedge

EURUSD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.

AUDUSD – getting close to psychological price line

AUDUSD 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 11 days and may test it again within the next […]

XAGUSD has broken through support

XAGUSD has broken through a support line. It has touched this line at least twice in the last 10 days. This breakout may indicate a potential move to 22.8722 within the next 21 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

AUDUSD broke through important 0.6421 price line

AUDUSD has broken through a support line. It has touched this line numerous times in the last 10 days. This breakout shows a potential move to 0.6385 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.

UKX.IND approaching support of a Channel Up

UKX.IND is approaching the support line of a Channel Up. It has touched this line numerous times in the last 40 days. If it tests this line again, it should do so in the next 3 days.

XAGUSD – getting close to psychological price line

XAGUSD 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 9 days and may test it again within the next […]

AUDUSD approaching resistance of a Rising Wedge

AUDUSD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 2 days.

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