ASX 225 was identified at around 8012.4 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 8081.3361 level.
Supported by Upward sloping Moving Average
Target: 8081.3361 Entry: 8012.4 Stop: 7987.4
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
Emerging Head and Shoulders detected on AUDUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over
DAX 40 is heading towards a line of 18707.0000. If this movement continues, the price of DAX 40 could test 18707.0000 within the next 2 days. But don’t be so