Possible breach of support level by USDCHFPossible breach of support level by USDCHF
USDCHF 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 it
Category: Technical Analysis
Technical Analysis
AUDUSD – getting close to psychological price lineAUDUSD – getting close to psychological price line
The price of AUDUSD 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. The
Should we expect a breakout or a rebound on GBPUSD?Should we expect a breakout or a rebound on GBPUSD?
GBPUSD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 6 days. If it tests this line again, it should
DAX 40 breakout through resistanceDAX 40 breakout through resistance
DAX 40 is once again retesting a key horizontal resistance level at 20336.6992. It has tested this level 5 times in the recent past and could simply bounce off like
Nikkei 225 – Continuation Chart Pattern – Falling WedgeNikkei 225 – Continuation Chart Pattern – Falling Wedge
Nikkei 225 is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 19 days. If it tests this line again, it
DAX 40 approaches important level of 20166.3008DAX 40 approaches important level of 20166.3008
The movement of DAX 40 towards 20166.3008 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen
EURUSD approaching resistance of a Channel DownEURUSD approaching resistance of a Channel Down
Emerging Channel Down pattern in its final wave was identified on the EURUSD 4 hour chart. After a strong bullish run, we find EURUSD heading towards the upper triangle line
ETHUSD is on the approachETHUSD is on the approach
ETHUSD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and
ASX 225 breakout through resistanceASX 225 breakout through resistance
The last 6 15 Minutes candles on ASX 225 formed a Channel Down pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level
Big movement possible on BTCUSDBig movement possible on BTCUSD
A strong support level has been breached at 93332.1016 on the 1 hour BTCUSD chart. Technical Analysis theory forecasts a movement to 88291.7031 in the next 3 days. Supported by