A potential bullish movement on GBPUSDA potential bullish movement on GBPUSD
The movement of GBPUSD towards 1.2578 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in
Category: Technical Analysis
Technical Analysis
NZDUSD has broken through supportNZDUSD has broken through support
The last 13 4 hour candles on NZDUSD formed a Channel Up pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of
Breach of important price line imminent by Nikkei 225Breach of important price line imminent by Nikkei 225
A strong resistance level has been identified at 39979.0000 on the 30 Minutes Nikkei 225 chart. Nikkei 225 is likely to test it soon. Supported by Upward sloping Moving Average
Will BTCUSD have enough momentum to break resistance?Will BTCUSD have enough momentum to break resistance?
Emerging Rising Wedge detected on BTCUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the
Possible start of a bullish trend as GBPUSD breaks resistancePossible start of a bullish trend as GBPUSD breaks resistance
GBPUSD has broken through a line of 1.2684 and suggests a possible movement to 1.2731 within the next 20 hours. It has tested this line numerous times in the past,
Should we expect a breakout or a rebound on DAX 40?Should we expect a breakout or a rebound on DAX 40?
Emerging Channel Down pattern in its final wave was identified on the DAX 40 4 hour chart. After a strong bearish run, we find DAX 40 heading towards the upper
BTCUSD broke through important 68936.2500 price lineBTCUSD broke through important 68936.2500 price line
The price of BTCUSD in heading in the direction of 66552.3125. Despite the recent breakout through 68936.2500 it is possible that it will struggle to gain momentum to the forecast
Either a rebound or a breakout imminent on NZDUSDEither a rebound or a breakout imminent on NZDUSD
NZDUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
A potential bearish movement on ASX 225A potential bearish movement on ASX 225
ASX 225 is about to retest a key horizontal support level near 7808.5000. It has tested this level 4 times in the recent past and could simply bounce off like
Possible breach of resistance level by AUDUSDPossible breach of resistance level by AUDUSD
AUDUSD was identified at around 0.66102 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge