Breach of support line imminent by Italy 40 Index
Italy 40 Index is moving towards the support line of a Channel Down which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Italy 40 Index continues […]
Should we expect a breakout or a rebound on Japan 225 Index?
The movement of Japan 225 Index towards 27337.0000 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Either a rebound or a breakout imminent on Germany 30 Index
Germany 30 Index is heading towards a line of 15672.2002. If this movement continues, we expect the price of Germany 30 Index to test 15672.2002 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end […]
Will Germany 30 Index have enough momentum to break support?
Germany 30 Index is heading towards the support line of a Rising Wedge and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]
A start of a bullish trend on France 40 Index
France 40 Index has broken through a line of 6589.8501. If this breakout holds true, we expect the price of France 40 Index to test 6754.6792 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout […]
Important price line breached by France 40 Index
France 40 Index has broken through a line of 6589.8599 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 6705.4761 can be expected within […]
Breach of resistance line imminent by Italy 40 Index
Italy 40 Index is moving towards the resistance line of a Inverse Head and Shoulders which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Italy 40 […]
Breach of resistance line imminent by UK 100 Index
UK 100 Index is moving towards the resistance line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If UK 100 Index continues […]
A start of a bearish trend on France 40 Index
France 40 Index has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of France 40 Index to test 6501.1873 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably […]
Either a rebound or a breakout imminent on Italy 40 Index
Italy 40 Index is heading towards a line of 24993.5000. If this movement continues, we expect the price of Italy 40 Index to test 24993.5000 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end […]