ASX 225 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 7832.9199 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 7832.9199 Entry: 7805.2 Stop: 7772.802
A Channel Up pattern was identified on GBPUSD at 1.3011, creating an expectation that it may move to the support line at 1.2957. It may break through that line and
FTSE 100 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
Nikkei 225 is heading towards the resistance line of a Ascending Triangle. If this movement continues, the price of Nikkei 225 could test 39837.8316 within the next 14 hours. It