USD/JPY has broken through a resistance line of a Flag and suggests a possible movement to 108.8439 within the next 15 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
Gold DECEMBER 2019 has broken through the resistance line of a Triangle 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 14 days and suggests a target line to be […]
10 year US Treasury Note DECEMBER 2019 is approaching the support line of a Support. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days. Did you know that our social media feeds are updated only 3x per […]
EUR/USD is moving towards the resistance line of a Channel Up. 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 13 days and may test it again within […]
US Treasury Bond DECEMBER 2019 is heading towards the support line of a Rising Wedge and could reach this point within the next 7 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 […]
EUR/JPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of EUR/JPY to test 120.3147 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before […]
USD/CAD is moving towards the resistance line of a Falling Wedge. 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 13 days and may test it again within […]
The movement of KC HRW Wheat DECEMBER 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 7 hours, but it is uncertain whether it will result in a breakout through this […]
USD/JPY has broken through a support line of a Triangle and suggests a possible movement to 108.3071 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
CORN DECEMBER 2019 is heading towards a line of 385.0000. If this movement continues, we expect the price of CORN DECEMBER 2019 to test 385.0000 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 […]
