USD/CHF is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 22 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
GBP/USD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 9 hours. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
EUR/JPY is moving towards the resistance line of a Channel Down. 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 again within […]
AUD/USD is heading towards the support 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 […]
3m Co. 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 3m Co. continues in its […]
The movement of AUD/USD 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 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
GBP/USD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 2 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
AUD/USD 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 AUD/USD continues in its current trajectory, […]
USD/JPY is approaching the support line of a Channel Down. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 3 days. Did you know that our social media feeds are updated only 3x per day, and don’t look at […]
International Business Machines Corp. is heading towards the support line of a Channel Down and could reach this point within the next 15 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 […]
