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 […]
The movement of EUR/CHF 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 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Soybean Oil AUGUST 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 Soybean Oil AUGUST […]
Merck & Co. Inc. has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 14 days. This breakout indicates a potential move to 87.61 within the next 14 hours. Because we have seen it retrace from this positions in the past, one should wait […]
EUR/JPY is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of EUR/JPY to test 122.5390 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 […]
Soybean Meal AUGUST 2019 is moving towards the resistance 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 Soybean Meal AUGUST […]
Soybeans AUGUST 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 AUGUST 2019 continues […]
10 year US Treasury Note SEPTEMBER 2019 has broken through the resistance line of a Channel Down 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 4 days and suggests […]
USD/JPY is heading towards the resistance line of a Channel Down and could reach this point within the next 2 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 […]
EUR/JPY is heading towards the resistance line of a Channel Down and could reach this point within the next 2 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 […]
