Garnet Fx Trade

USDCHF approaching resistance of a Rising Wedge

USDCHF is approaching the resistance line of a Rising Wedge. 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.

XAUUSD broke through important 1930.6801 price line

XAUUSD has broken through a resistance line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 1941.7140 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.

GBPUSD has broken through resistance

GBPUSD 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 1.2423 within the next 7 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

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 […]

USDCHF approaching resistance of a Rising Wedge

USDCHF is approaching the resistance line of a Rising Wedge. 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 15 hours.

XAGUSD has broken through resistance

XAGUSD has broken through a resistance line. It has touched this line at least twice in the last 21 days. This breakout may indicate a potential move to 23.5352 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

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 11 days. This breakout may indicate a potential move to 15615.6572 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 […]

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

USDCAD approaching support of a Falling Wedge

USDCAD is approaching the support line of a Falling Wedge. 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 5 hours.