The movement of AUD/USD towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 15 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
The movement of Lean Hogs JUNE 2019 towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 10 hours, but it is uncertain whether it will result in a breakout through this line, […]
DowDuPont has experienced an exceptionally large movement lower by 16.45% from 38.05 to 31.79 in the last 10 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? If you open a live account with a broker that support Autochartist, you’ll get: Analysis […]
USD/JPY is heading towards the support line of a Falling Wedge and could reach this point within the next 22 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 happen, we […]
Those of you that are trend followers are probably eagerly watching Nike Inc. Cl B to see if its latest 6.15% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 13 days move. Did you know that our social media feeds are updated only 3x […]
US Treasury Bond JUNE 2019 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 6 days and suggests a target […]
The breakout of Verizon Communications Inc. through the 56.74 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Verizon Communications Inc. to test 56.06 within the next 10 hours. One should always be cautious before placing a […]
The movement of EUR/USD towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
The movement of Soybean Meal JULY 2019 towards the support line of a Descending Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, […]
10 year US Treasury Note JUNE 2019 is moving towards the resistance line of a Rising Wedge 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 […]
