GBP/USD is approaching the support line of a Triangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 20 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at short […]
CORN DECEMBER 2019 is moving towards the support 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 5 days and may test it […]
USD/CHF is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of USD/CHF to test 0.9925 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 short-lived and end up […]
XAG/USD is heading towards a line of 17.8630. If this movement continues, we expect the price of XAG/USD to test 17.8630 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 up rebounding just like […]
E-mini S&P 500 DECEMBER 2019 is heading towards the support line of a Channel Up and could reach this point within the next 8 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 […]
USD/JPY is heading towards the support line of a Falling Wedge 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 happen, we […]
Soybean Meal DECEMBER 2019 is moving towards the resistance 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 Soybean Meal DECEMBER […]
10 year US Treasury Note DECEMBER 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 2 days […]
EUR/USD is heading towards a price line of 1.1005 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 happen, we could see […]
The movement of CORN DECEMBER 2019 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 3 days, but it is uncertain whether it will result in a breakout through this line, or […]
