FTSE 100 has broken through a support line of a Triangle and suggests a possible movement to 8394.8587 within the next 11 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
Supported by RSI above 60
Target: 8394.8587 Entry: 8436.1817 Stop: 8451.8
Emerging Channel Up detected on USDCHF – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the
NAS 100 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
USDCAD is heading towards the support line of a Falling Wedge and could reach this point within the next 2 days. It has tested this line numerous times in the