A potential bearish movement on FTSE 100A potential bearish movement on FTSE 100
A Falling Wedge pattern was identified on FTSE 100 at 8035.9, creating an expectation that it may move to the support line at 7935.0924. It may break through that line
Category: Technical Analysis
Technical Analysis
A final push possible on Nikkei 225A final push possible on Nikkei 225
The movement of Nikkei 225 towards 39531.0000 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen
A potential bullish movement on Nikkei 225A potential bullish movement on Nikkei 225
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
DAX 40 short term bullish trade setup to 19592.5996DAX 40 short term bullish trade setup to 19592.5996
The movement of DAX 40 towards 19592.5996 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen
Will EURUSD have enough momentum to break support?Will EURUSD have enough momentum to break support?
EURUSD 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
FTSE 100 approaching resistance levelFTSE 100 approaching resistance level
FTSE 100 is heading towards a line of 8204.8398. If this movement continues, the price of FTSE 100 could test 8204.8398 within the next 2 days. But don’t be so
ETHUSD approaching resistance of a Channel UpETHUSD approaching resistance of a Channel Up
An emerging Channel Up has been detected on ETHUSD on the 1 hour chart. There is a possible move towards 3441.3497 next few candles. Once reaching support it may continue
ASX 225 approaching important level of 8228.2998ASX 225 approaching important level of 8228.2998
ASX 225 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
DAX 40 – Continuation Chart Pattern – Channel DownDAX 40 – Continuation Chart Pattern – Channel Down
The movement of DAX 40 towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test
Either a rebound or a breakout imminent on FTSE 100Either a rebound or a breakout imminent on FTSE 100
FTSE 100 is approaching a resistance line at 8204.8398. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn