This trade setup on NZDUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 0.5974.
Target: 0.5974 Entry: 0.6045 Stop: 0.6082
Emerging Channel Up detected on USDJPY – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the
LTCUSD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It
Nikkei 225 is once again retesting a key horizontal resistance level at 38274.0000. It has tested this level 3 times in the recent past and could simply bounce off like