EUR/CHF has experienced an exceptionally large movement higher by 1.17% from 1.084 to 1.096 in the last 5 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 […]
XAU/USD has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 1493.1089 within the next 14 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of […]
US Treasury Bond DECEMBER 2019 is heading towards the support line of a Channel Up. If this movement continues, we expect the price of US Treasury Bond DECEMBER 2019 to test 163.3750 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so […]
Soybeans NOVEMBER 2019 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of Soybeans NOVEMBER 2019 to test 911.7500 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be […]
Those of you that are trend followers are probably eagerly watching EUR/USD to see if its latest 1.23% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 9 days move. Did you know that our social media feeds are updated only 3x per day, and […]
CORN DECEMBER 2019 is moving towards the support line of a Descending Triangle. 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 and may test it […]
The movement of USD/JPY 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 10 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
XAU/USD has broken through the support line of a Rising Wedge 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 23 hours and suggests a target line to be around […]
10 year US Treasury Note DECEMBER 2019 is heading towards the support line of a Rising Wedge. If this movement continues, we expect the price of 10 year US Treasury Note DECEMBER 2019 to test 130.7500 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times […]
Wheat DECEMBER 2019 has broken through a support line of a Triangle and suggests a possible movement to 489.1452 within the next 7 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 […]
