Day: May 7, 2019
33 posts
After testing the resistance line numerous times, JPN225 is once again approaching this line. Can we expect a bullish trend to follow?
The movement of JPN225 towards the resistance line of a Channel Down is yet another test of the…
Light Sweet Crude Oil JUNE 2019 – breach of a trending resistance line that has been tested at least twice before.
Light Sweet Crude Oil JUNE 2019 has broken through the resistance line of a Falling Wedge technical chart…
A final push expected on American Express Co. as it starts approaching a price line of 116.98.
American Express Co. is heading towards a price line of 116.98 and could reach this point within the…
US Treasury Bond JUNE 2019 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
US Treasury Bond JUNE 2019 is heading towards the resistance line of a Rising Wedge. If this movement…
Important price line breached by LTCUSD. This price has been tested numerous times before.
LTCUSD has broken through a line of 76.3500 which it has tested numerous times in the past. We…
Procter & Gamble Co. – approaching a support line that has been previously tested at least twice in the past
Procter & Gamble Co. is moving towards the support line of a Channel Down. Because we have seen…
Trade of the Day: AUD/CHF
By: Dima Chernovolov AUD/CHF recently broke the 4-hour Up Channel chart pattern which was recently identified by Autochartist. Autochartist rates the quality of daily this Up Channel at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), below-average Uniformity (4 bars) and near-maximum Clarity (9 bars). AUD/CHF is expected…
Trade of the Day: CAD/JPY
By: Dima Chernovolov CAD/JPY recently broke the daily Flag chart pattern which was recently identified by Autochartist. Autochartist rates the quality of daily this Flag at the 9-bar level – which is the result of the sharp Initial Trend (10 bars), strong Uniformity (9 bars), significant (8 bars). CAD/JPY is expected to fall toward the…
Trade of the Day: NZD/JPY
By: Dima Chernovolov NZD/JPY continues to rise inside the 30-minur Rising Wedge chart pattern which was recently identified by Autochartist. Autochartist rates the quality of daily this Rising Wedge at the 5-bar level – which is the result of the slow Initial Trend (1 bar) and significant Uniformity and Clarity (7 bars). NZD/JPY is expected…
Important price line being approached by USD/CAD. This price has been tested numerous times before.
USD/CAD is moving towards a line of 1.3498 which it has tested numerous times in the past. We…