The movement of DAX 40 towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. This line test could happen in the next 18 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Supported by Downward sloping Moving Average
Target: 18437.4865 Entry: 18502.8 Stop: 18585.7
Descending Triangle pattern identified on EURUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the
USDJPY has broken through 156.5630 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists,
FTSE 100 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