Garnet Fx Trade

EURGBP has broken through support

EURGBP has broken through a support line. It has touched this line at least twice in the last 19 days. This breakout may indicate a potential move to 0.8571 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 – getting close to psychological price line

NDX.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 13 days and may test it again within the next […]

AUDUSD broke through important 0.6522 price line

AUDUSD has broken through a support line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 0.6495 within the next 14 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.