GBPUSD approaching support of a Falling Wedge
GBPUSD is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 23 hours.
AUDUSD running downward, don’t miss out.
Those of you that are trend followers are probably eagerly watching AUDUSD to see if its latest 0.82% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.
XAUUSD approaching important level of 2349.5100
A strong support level has been identified at 2349.5100 on the 1 hour XAUUSD chart. XAUUSD is likely to test it soon.
Possible breach of resistance level by XAGUSD
Emerging Channel Down detected on XAGUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 29.639 and it is expected to move to 29.7799.
GBPUSD was on its way up
GBPUSD has experienced an exceptionally large movement higher by 2.88% from 1.26444 to 1.30081 in the last 22 days.
Either a rebound or a breakout imminent on DAX.IND
DAX.IND is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 18514.9004, unless it runs out of momentum and pulls back to current levels.
AUDUSD running downward, don’t miss out.
Rare set of consecutive candles on the AUDUSD Daily chart. Could we expect a turn around from 0.6731 or will this movement continue?
Where is EURUSD moving to?
EURUSD has moved higher by 2.04% from 1.06798 to 1.08982 in the last 21 days.
Will EURGBP have enough momentum to break support?
EURGBP was identified at around 0.83911 having recently rebounded of the resistance on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 0.8354 level.
What’s going on with GBPUSD?
GBPUSD has experienced an exceptionally large movement higher by 2.57% from 1.26444 to 1.29692 in the last 20 days.