USDCHF – getting close to psychological price line
USDCHF 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 10 days and may test it again within the next […]
USDCAD has broken through support
USDCAD 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 1.3473 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 […]
Huge bullish move on XAGUSD
XAGUSD has moved higher by 4.2% from 23.326 to 24.305 in the last 2 days.
EURUSD approaching support of a Channel Down
EURUSD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 19 days. If it tests this line again, it should do so in the next 3 days.
GBPUSD – getting close to psychological price line
GBPUSD 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 19 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 6 days. If it tests this line again, it should do so in the next 22 hours.
AUDUSD broke through important 0.6418 price line
AUDUSD has broken through a resistance line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 0.6435 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.
USDCAD approaching resistance of a Rising Wedge
USDCAD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 22 days. If it tests this line again, it should do so in the next 3 days.
EURUSD broke through important 1.0891 price line
EURUSD has broken through a resistance line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 1.0921 within the next 13 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
7 consecutive daily bearish candles on EURGBP
EURGBP has moved lower after 7 consecutive daily candles from 0.8667 to 0.8535 in the last 11 days.