Day: September 19, 2019
52 posts
USD/JPY Target Level: 107.2700
Rising Wedge has broken through the support line at 19-Sep-2019 04:00 UTC. Possible bearish price movement forecast for the next 3 days towards 107.2700. Supported by Downward sloping Moving Average Chart 1 hourPattern Rising WedgeLength 206 CandlesIdentified 19-Sep-2019 04:00 UTC
We expect EURUSD to trend downwards for the next 4 hours.
Based on the last 12 BoE Interest Rate Decision events in United Kingdom, we expect EURUSD to trend…
There is a 66.67% chance of NIY trending downwards
Based on past United Kingdom BoE Interest Rate Decision news events there is a 66.67% chance of NIY…
Be very careful of upcoming volatility. We expect a $21,357.44 movement on RTY.
Be very careful of upcoming volatility because of United States Philadelphia Fed Manufacturing Index news event later today.…
We expect NIY to trend upwards today with a 75% chance.
Based on the last 12 Continuing Jobless Claims events in United States, we expect NIY to trend upwards…
We expect a 31 pip movement on USDCHF within 4 hours following the event release.
Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a 31 pip…
We expect a 20 pip movement on AUDUSD within 12 hours following the event release.
Based on the last 12 Continuing Jobless Claims events in United States, we expect a 20 pip movement…
SPX500 – approaching a resistance line that has been previously tested at least twice in the past
SPX500 is moving towards the resistance line of a Rising Wedge. Because we have seen it retrace from…
After testing the resistance line numerous times, USD/CAD is once again approaching this line. Can we expect a bullish trend to follow?
The movement of USD/CAD towards the resistance line of a Channel Up is yet another test of the…
Trade of the Day: AUD/JPY
By: Dima Chernovolov AUD/JPY continues to fall inside the daily Down Channel chart pattern which was identified recently by Autochartist. Autochartist measures the quality of this Down Channel at the 7-bar level – which reflects the above-average Initial Trend and Uniformity (6 bars) and strong Clarity (8 bars). AUD/JPY is expected to fall further inside…