January 9, 2025 – Cabana Capitals Blog

Should we expect a breakout or a rebound on USDJPY?Should we expect a breakout or a rebound on USDJPY?

January 9, 2025| cabana-admin| 0 Comment| 10:16 pm

USDJPY was identified at around 158.165 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge

FTSE 100 – psychological price line breachedFTSE 100 – psychological price line breached

January 9, 2025| cabana-admin| 0 Comment| 11:15 am

FTSE 100 has broken through a resistance line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 8326.7842 within the

ASX 225 – getting close to resistance of a Rising WedgeASX 225 – getting close to resistance of a Rising Wedge

January 9, 2025| cabana-admin| 0 Comment| 6:14 am

ASX 225 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage