USD/CAD has broken through the support 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 1.3113 can be expected within the next 19 hours. Did […]

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EUR/USD has broken through a support line of a Triangle and suggests a possible movement to 1.1067 within the next 2 days. 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 a retracement […]

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