Day: July 2, 2019
18 posts
XAU/USD Target Level: 1202.5472
Descending Triangle has broken through the support line at 02-Jul-2019 22:00 UTC. Possible bearish price movement forecast for the next 13 hours towards 1202.5472. Supported by RSI above 60 Chart 15 MinutesPattern Descending TriangleLength 150 CandlesIdentified 02-Jul-2019 22:00 UTC
SPX500 is approaching a support line of a Rising Wedge. It has touched this line numerous times in the last 19 days.
SPX500 is approaching the support line of a Rising Wedge. It has touched this line numerous times in…
A quick move expected on 10 year US Treasury Note SEPTEMBER 2019 as it starts approaching a support line of a Channel Up
10 year US Treasury Note SEPTEMBER 2019 is heading towards the support line of a Channel Up and…
Important support line being approached by Mcdonalds Corp.. This price has been tested numerous time in the last 34 days
Mcdonalds Corp. is moving towards the support line of a Rising Wedge which it has tested numerous times…
Important resistance line being approached by US30. This price has been tested numerous time in the last 4 days
US30 is moving towards the resistance line of a Triangle which it has tested numerous times in the…
USD/JPY is quickly approaching 107.5480. We expect either a breakout through this line, or a rebound.
USD/JPY is heading towards a line of 107.5480. If this movement continues, we expect the price of USD/JPY…
Important resistance line being approached by Feeder Cattle AUGUST 2019. This price has been tested numerous time in the last 15 days
Feeder Cattle AUGUST 2019 is moving towards the resistance line of a Rising Wedge which it has tested…
ADAUSD experienced a very large 7 days bearish move to 0.083
ADAUSD has moved lower by 13.99% from 0.097 to 0.083 in the last 7 days.
Verizon Communications Inc. – breach of price line thats been previously tested numerous times before
Verizon Communications Inc. has broken through the resistance line of a Resistance. Because we have seen it retrace…
Correction vs Change in the Trend
How many times you have seen an FX pair, or any other instrument for that matter, start moving opposite to the trend? Did you wonder was it a mere correction or were you perhaps witnessing a change in trend? Your conclusion will have an acute impact on how you choose your next trade and thus…