Garnet Fx Trade

EURUSD – getting close to psychological price line

EURUSD 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 6 days and may test it again within the next […]

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

USDCHF – getting close to psychological price line

USDCHF 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 7 days and may test it again within the next […]

XAUUSD has broken through support

XAUUSD has broken through a support line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 1906.4185 within the next 18 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

XAGUSD broke through important 22.9870 price line

XAGUSD has broken through a support line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 22.8398 within the next 12 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

EURUSD approaching support of a Channel Up

EURUSD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 10 hours.

USDCHF has broken through support

USDCHF has broken through a support line. It has touched this line at least twice in the last 11 days. This breakout may indicate a potential move to 0.8871 within the next 19 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 11 days and may test it again within the next […]

EURGBP approaching resistance of a Rising Wedge

EURGBP is approaching the resistance line of a Rising Wedge. 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 22 hours.