Day: August 23, 2019
19 posts
We expect GBPUSD to trend downwards today.
Based on the last 12 New Home Sales events in United States, we expect GBPUSD to trend downwards…
GBP/CAD Target Level: 1.6366
Ascending Triangle has broken through the resistance line at 22-Aug-2019 16:00 UTC. Possible bullish price movement forecast for the next 3 days towards 1.6366. Supported by RSI below 40 Chart 4 hourPattern Ascending TriangleLength 67 CandlesIdentified 22-Aug-2019 16:00 UTC
Trade of the Day: USD/CHF
By: Dima Chernovolov USD/CHF continues to rise inside the daily Down Channel chart pattern which was recently previously by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which reflects the average Initial Trend (5 bars), lower Uniformity (4 bars) and medium Clarity (5 bars). USD/CHF is expected to rise…
FRA40 – approaching a resistance line that has been previously tested at least twice in the past
FRA40 is moving towards the resistance line of a Rising Wedge. Because we have seen it retrace from…
Important support line being approached by ETHEUR. This price has been tested numerous time in the last 6 days
ETHEUR is moving towards the support line of a Falling Wedge which it has tested numerous times in…
After testing resistance twice in the past, US30 has finally broken through. Can we expect a bullish trend to follow?
The breakout of US30 through the resistance line of a Triangle could be a sign of the road…
USD/CHF moves higher to 0.985 in the last 9 days.
A movement of 1.21% over 9 days on USD/CHF doesn’t go unnoticed. You may start considering where it’s…
Important price line being approached by UK100. This price has been tested numerous times before.
UK100 is moving towards a line of 7073.5000 which it has tested numerous times in the past. We…
LTCUSD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
LTCUSD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in…