Emerging Channel Up detected on USDJPY – 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 155.141 and it is expected to move to 156.1667.
Supported by Upward sloping Moving Average
Target: 156.1667 Entry: 155.141 Stop: 154.341
DAX 40 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait
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
The breakout of FTSE 100 through the 8362.4004 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists,