Soybean Oil AUGUST 2019 is heading towards the support line of a Channel Down and could reach this point within the next 16 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 […]
Microsoft Corporation has broken through a line of 136.21. If this breakout holds true, we expect the price of Microsoft Corporation to test 133.66 within the next 2 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 before placing […]
EUR/USD is heading towards a line of 1.1205. If this movement continues, we expect the price of EUR/USD to test 1.1205 within the next 16 hours. 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 up rebounding just like […]
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.59% move on AUD/USD. The movement has happened over the last 9 days. For those trend followers among you, you may think about riding this trend. Did you know that our social media feeds are […]
Procter & Gamble Co. has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 28 days. This breakout indicates a potential move to 113.98 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait […]
Soybeans AUGUST 2019 is heading towards the resistance line of a Ascending Triangle and could reach this point within the next 3 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 […]
Goldman Sachs Group Inc. is moving towards the support 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 Goldman Sachs Group […]
A movement of 2.22% over 9 days on NZD/USD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction. Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements? […]
E-mini S&P 500 SEPTEMBER 2019 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 15 days and may […]
The movement of XAG/USD towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 18 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
