A potential bearish movement on NZDUSDA potential bearish movement on NZDUSD
NZDUSD is moving towards a key support level at 0.5951. NZDUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is
Category: Technical Analysis
Technical Analysis
Nikkei 225 approaching support of a Channel UpNikkei 225 approaching support of a Channel Up
The movement of Nikkei 225 towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test
DOW 30 is on the approachDOW 30 is on the approach
DOW 30 is approaching a support line at 42151.3281. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn
Nikkei 225 – support line broken at 2024-10-29T23:00:00.000ZNikkei 225 – support line broken at 2024-10-29T23:00:00.000Z
Nikkei 225 has broken through a support line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 38907.2847
Confirmed breakout on LTCUSD 1 hour chartConfirmed breakout on LTCUSD 1 hour chart
LTCUSD is once again retesting a key horizontal resistance level at 71.8700. It has tested this level 6 times in the recent past and could simply bounce off like it
FTSE 100 trade outlook at 2024-10-28T18:00:00.000Z until 2024-10-28T18:00:00.000ZFTSE 100 trade outlook at 2024-10-28T18:00:00.000Z until 2024-10-28T18:00:00.000Z
The last 13 4 hour candles on FTSE 100 formed a Channel Down pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level
Either a rebound or a breakout imminent on DAX 40Either a rebound or a breakout imminent on DAX 40
DAX 40 is heading towards a line of 19602.6992. If this movement continues, the price of DAX 40 could test 19602.6992 within the next 2 days. But don’t be so
BTCUSD – resistance line breachedBTCUSD – resistance line breached
The last 10 1 hour candles on BTCUSD formed a Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 69054.1070.
Breach of important price line imminent by DAX 40Breach of important price line imminent by DAX 40
The price of DAX 40 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction.
AUDUSD – Continuation Chart Pattern – Channel DownAUDUSD – Continuation Chart Pattern – Channel Down
AUDUSD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a