GBPUSD is about to retest a key horizontal support level near 1.2707. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Downward sloping Moving Average
Target: 1.2707 Entry: 1.2744 Stop: 1.2777
DAX 40 is moving towards a line of 18551.8008 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so
USDCHF has breached the resistance line at 0.9133. It may continue the bullish trend towards 0.9166, or, it may prove to be yet another test of this level. Supported by
ETHUSD is heading towards the support line of a Channel Down. If this movement continues, the price of ETHUSD could test 2953.1766 within the next 2 days. It has tested