AUDUSD broke through important 0.6458 price line
AUDUSD 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 0.6516 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.
Huge bullish move on UKX.IND
UKX.IND has moved higher by 1.71% from 7328.6 to 7453.7 in the last 4 days.
XAGUSD – getting close to psychological price line
XAGUSD 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 6 days and may test it again within the next […]
SPX.IND approaching resistance of a Pennant
SPX.IND is approaching the resistance line of a Pennant. 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 7 hours.
Huge bearish move on USDTRY
USDTRY has moved lower by 2.36% from 26.99507 to 26.35707 in the last 20 days.
UKX.IND – getting close to psychological price line
UKX.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 […]
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 9 days. If it tests this line again, it should do so in the next 2 days.
XAUUSD approaching resistance of a Triangle
XAUUSD is approaching the resistance line of a Triangle. 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 7 hours.
Huge bearish move on GBPUSD
GBPUSD has moved lower by 1.24% from 1.2724 to 1.25661 in the last 2 days.
5 consecutive 4 hour bearish candles on SPX.IND
SPX.IND has moved lower after 5 consecutive 4 hour candles from 4467.5100 to 4374.4600 in the last 20 hours.