10 year US Treasury Note SEPTEMBER 2019 has broken through the resistance line of a Pennant. It has touched this line at least twice in the last 2 days. This breakout indicates a potential move to 129.3560 within the next 8 hours. Because we have seen it retrace from this positions in the past, one […]
A movement of 1.82% over 4 days on USD/JPY doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward 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? […]
Those of you that are trend followers are probably eagerly watching Chevron to see if its latest 4.9% 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 […]
USD/CHF has broken through a line of 0.9882 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 0.9827 can be expected within the next […]
The breakout of Gold DECEMBER 2019 through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of Gold DECEMBER 2019 to test 1471.8585 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of […]
Those of you that are trend followers are probably eagerly watching Procter & Gamble Co. to see if its latest 8.04% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 7 days move. Did you know that our social media feeds are updated only 3x […]
Coca-Cola Co. has experienced an exceptionally large movement higher by 4.27% from 51.52 to 53.72 in the last 10 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: […]
USD/CAD is heading towards the resistance line of a Rising Wedge and could reach this point within the next 21 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 happen, we […]
Soybeans SEPTEMBER 2019 is moving towards the support line of a Channel Down 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 Soybeans SEPTEMBER 2019 continues […]
Silver SEPTEMBER 2019 is heading towards a line of 16.6450. If this movement continues, we expect the price of Silver SEPTEMBER 2019 to test 16.6450 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 […]
