Silver DECEMBER 2019 is heading towards the support line of a Channel Up. If this movement continues, we expect the price of Silver DECEMBER 2019 to test 17.3050 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
Wheat DECEMBER 2019 is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 7 days and may test […]
Travelers Cos Inc. is heading towards the support line of a Descending Triangle and could reach this point within the next 18 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 […]
GBP/USD has broken through the resistance line of a Double Bottom 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 10 days and suggests a target line to be around […]
USD/JPY is moving towards the support 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 3 days and may test it again within […]
10 year US Treasury Note DECEMBER 2019 is moving towards the resistance line of a Rectangle 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 10 […]
The movement of EUR/USD towards the resistance 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 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Soybean Meal DECEMBER 2019 is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of Soybean Meal DECEMBER 2019 to test 311.7000 within the next 20 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement […]
Travelers Cos Inc. is heading towards the support line of a Descending Triangle and could reach this point within the next 17 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 […]
USD/CAD is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of USD/CAD to test 1.3339 within the next 8 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 […]
