AUDJPY approaching support of a Falling Wedge
AUDJPY is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 4 days and may test it again within the next 6 hours.
A potential bullish movement on USDJPY
USDJPY is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
Either a rebound or a breakout imminent on Japan 225 Index
Japan 225 Index is heading towards the resistance line of a Channel Down. If this movement continues, the price of Japan 225 Index could test 39883.8534 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did […]
Should we expect a breakout or a rebound on EURUSD?
EURUSD was identified at around 1.16727 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 1.1639 level.
FTSE China A50 Index is on the approach
FTSE China A50 Index is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 13541.5996, unless it runs out of momentum and pulls back to current levels.
GOLD breakout through resistance
The breakout of GOLD through the 3333.1001 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GOLD could test 3358.8140 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Italy 40 Index – Continuation Chart Pattern – Channel Up
A Channel Up pattern was identified on Italy 40 Index at 40469.0, creating an expectation that it may move to the support line at 40151.5263. It may break through that line and continue the bearish trend or it may reverse from that line.
A potential bullish movement on AUDJPY
AUDJPY is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
Hong Kong 50 Index – Línea de resistencia rota a las 2025-07-10T08:00:00.000Z
El Hong Kong 50 Index ha atravesado una línea de resistencia de un patrón de gráfico que corresponde a un Triángulo. Si esta irrupción se mantiene, podríamos ver el precio del Hong Kong 50 Index probando el nivel de 24252.3158 dentro de las próximas 3 días. Pero no se apresure si desea operar, porque ya […]
US Tech 100 Index – Continuation Patrón de gráfico – Canal alcista
El US Tech 100 Index se dirige hacia la línea de resistencia de un Canal alcista y puede alcanzar este punto en las próximas 2 días. Ha probado esta línea ya en numerosas ocasiones en el pasado, y esta vez no tendría porqué ser diferente y terminar con una recuperación en lugar de una irrupción. […]