GBPUSD has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 15 days and suggests a possible target level to be around 1.2668 within the next 3 days.
Supported by Downward sloping Moving Average
Target: 1.2668 Entry: 1.2699 Stop: 1.2801
NZDUSD is approaching a resistance line at 0.6034. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around
The price of AUDUSD in heading in the direction of 0.6479. Despite the recent breakout through 0.6437 it is possible that it will struggle to gain momentum to the forecast
Emerging Falling Wedge pattern in its final wave was identified on the AUDUSD 4 hour chart. After a strong bullish run, we find AUDUSD heading towards the upper triangle line