Garnet Fx Trade

USDTRY approaching resistance of a Rising Wedge

USDTRY is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.

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

EURUSD approaching resistance of a Channel Down

EURUSD is approaching the resistance line of a Channel Down. 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 16 hours.

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 […]

EURUSD broke through important 1.0855 price line

EURUSD has broken through a support line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 1.0803 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.

XAGUSD has broken through support

XAGUSD has broken through a support line. It has touched this line at least twice in the last 16 days. This breakout may indicate a potential move to 24.2319 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 […]

USDTRY broke through important 26.6802 price line

USDTRY has broken through a resistance line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 26.9879 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.

SPX.IND has broken through resistance

SPX.IND has broken through a resistance line. It has touched this line at least twice in the last 22 days. This breakout may indicate a potential move to 4538.5377 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 […]