Technical Analysis
The price of GBPUSD in heading in the direction of 1.3026. Despite the recent breakout through 1.2993 it is possible that it will struggle to gain momentum to the forecast
This trade setup on DOW 30 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer
DOW 30 is moving towards a key support level at 42998.0508. DOW 30 has previously tested this level 5 times and on each occasion it has bounced back off this
The last 7 1 hour candles on AUDUSD formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of
DAX 40 is heading towards the resistance line of a Channel Up. If this movement continues, the price of DAX 40 could test 20045.1226 within the next 3 days. It
Emerging Channel Up detected on USDJPY – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the
ASX 225 is about to retest a key horizontal support level near 8162.0000. It has tested this level 6 times in the recent past and could simply bounce off like
BTCUSD is heading towards the resistance line of a Triangle. If this movement continues, the price of BTCUSD could test 67267.4513 within the next 11 hours. It has tested this
A strong resistance level has been breached at 8329.0000 on the 4 hour FTSE 100 chart. Technical Analysis theory forecasts a movement to 8387.6738 in the next 2 days. Supported
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that