Emerging Channel Up detected on EURUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.11959 and it is expected to move to 1.1275.
Supported by Upward sloping Moving Average
Target: 1.1275 Entry: 1.1196 Stop: 1.1105
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
FTSE 100 is moving towards a line of 7882.7998 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so
GBPUSD is heading towards a line of 1.2758. If this movement continues, the price of GBPUSD could test 1.2758 within the next 2 days. But don’t be so quick to