USDCAD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.
Supported by Upward sloping Moving Average
Target: 1.404 Entry: 1.4014 Stop: 1.3971
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
DAX 40 is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
LTCUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a