The movement of 3m Co. towards the support line of a Flag 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 […]
USD/CAD is heading towards the support line of a Channel Up and could reach this point within the next 2 days. 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 […]
The movement of Merck & Co. Inc. towards the resistance line of a Ascending 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 15 hours, but it is uncertain whether it will result in a breakout through this line, […]
XAG/USD has experienced an exceptionally large movement higher by 8.07% from 17.036 to 18.41 in the last 16 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 […]
The movement of Light Sweet Crude Oil OCTOBER 2019 towards the resistance 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 2 days, but it is uncertain whether it will result in a breakout through […]
KC HRW Wheat DECEMBER 2019 has broken through the support 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 5 days and suggests a target line […]
USD/CHF has broken through a support line of a Channel Up and suggests a possible movement to 0.9888 within the next 9 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 […]
The movement of American Express Co. towards the support 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 2 days, but it is uncertain whether it will result in a breakout through this line, or […]
The movement of Visa towards the resistance line of a Rising 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 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Those of you that are trend followers are probably eagerly watching GBP/USD to see if its latest 1.9% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 10 days move. Did you know that our social media feeds are updated only 3x per day, and […]
