Nikkei 225 has broken through a support line of a Rising Wedge and suggests a possible movement to 38632.9552 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.
Supported by Downward sloping Moving Average
Target: 38632.9552 Entry: 39283.6667 Stop: 40277
NZDUSD was identified at around 0.59927 having recently rebounded of the resistance on the 1 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge
LTCUSD has broken through a support line of a Rising Wedge and suggests a possible movement to 66.6559 within the next 2 days. It has tested this line in the
DAX 40 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage