EUR/CHF has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1.1167 can be expected within the next 2 days. Did […]
GBP/USD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of GBP/USD to test 1.2570 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing […]
Merck & Co. Inc. has broken through the support line of a Triangle 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 10 days and suggests a target line to […]
EUR/USD is moving towards the support line of a 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 8 days and may test it again within the […]
The breakout of Soybeans AUGUST 2019 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Soybeans AUGUST 2019 to test 894.3468 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the […]
Soybean Meal AUGUST 2019 is approaching the resistance line of a Triangle. It has touched this line numerous times in the last 15 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 […]
3m Co. has broken through the support line of a Triangle 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 5 days and suggests a target line to be around […]
Soybeans AUGUST 2019 is heading towards the resistance line of a Triangle and could reach this point within the next 22 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, […]
The breakout of US Treasury Bond SEPTEMBER 2019 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of US Treasury Bond SEPTEMBER 2019 to test 154.8961 within the next 8 hours. One should always be cautious before placing a trade, wait […]
The breakout of Live Cattle AUGUST 2019 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Live Cattle AUGUST 2019 to test 103.0495 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation […]
