DAX.IND – getting close to psychological price line
DAX.IND 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 3 days and may test it again within the next […]
Huge bullish move on UKX.IND
UKX.IND has moved higher by 1.25% from 7502.7 to 7596.8 in the last 23 hours.
EURUSD approaching resistance of a Ascending Triangle
EURUSD is approaching the resistance line of a Ascending Triangle. 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 3 days.
GBPUSD – getting close to psychological price line
GBPUSD 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 7 days and may test it again within the next […]
USDCAD approaching resistance of a Channel Up
USDCAD is approaching the resistance line of a Channel Up. 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 3 days.
4 consecutive daily bearish candles on XAGUSD
XAGUSD has moved lower after 4 consecutive daily candles from 24.7390 to 23.6250 in the last 7 days.
DAX.IND broke through important 15978.0996 price line
DAX.IND has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 16047.6504 within the next 6 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
USDCHF approaching resistance of a Rising Wedge
USDCHF is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 17 days. If it tests this line again, it should do so in the next 3 days.
AUDUSD – getting close to psychological price line
AUDUSD 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 5 days and may test it again within the next […]
Huge bearish move on SPX.IND
SPX.IND has moved lower by 1.34% from 4540.08 to 4479.08 in the last 5 hours.