Emerging Channel Up detected on EURUSD – 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 1.11959 and it is expected to move to 1.1275.
Supported by Upward sloping Moving Average
Target: 1.1275 Entry: 1.1196 Stop: 1.1105
USDJPY is heading towards the resistance line of a Channel Up and could reach this point within the next 13 hours. It has tested this line numerous times in the
DAX 40 is moving towards a line of 18551.8008 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so
USDJPY is moving towards a key support level at 155.0200. This is a previously tested level for USDJPY. This could be a good trading opportunity, either at the spot price,