EURUSD 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 rebound back to current levels. It has touched this line numerous times in the last 10 days and may test it again within the next 2 days.
Supported by Downward sloping Moving Average
Target: 1.078 Entry: 1.0833 Stop: 1.0853
The price of ASX 225 in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction.
USDJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
This trade setup on FTSE 100 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer