Day: December 16, 2019
23 posts
Breach of support could mean a start of a bearish trend on FRA40
FRA40 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true,…
After testing 1.3318 numerous times, GBP/USD is once again approaching this price point. Can we expect a bearish trend to follow?
The movement of GBP/USD towards 1.3318 price line is yet another test of the line it reached numerous…
CAD/JPY Target Level: 82.6900
Rising Wedge identified at 16-Dec-2019 20:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 82.6900 within the next 12 hours. Supported by RSI above 60 Chart 1 hourPattern Rising WedgeLength 45 CandlesIdentified 16-Dec-2019 20:00 UTC
A final push expected on Gold FEBRUARY 2020 as it starts approaching a price line of 1483.5000.
Gold FEBRUARY 2020 is heading towards a price line of 1483.5000 and could reach this point within the…
Exxon Mobil Corp. is quickly approaching 70.27. We expect either a breakout through this line, or a rebound.
Exxon Mobil Corp. is heading towards a line of 70.27. If this movement continues, we expect the price…
Breach of 13385.0000 could mean a start of a bullish trend on GER30
GER30 has broken through a line of 13385.0000. If this breakout holds true, we expect the price of…
Important price line being approached by USD/JPY. This price has been tested numerous times before.
USD/JPY is moving towards a line of 109.7270 which it has tested numerous times in the past. We…
Important price line being approached by Silver MARCH 2020. This price has been tested numerous times before.
Silver MARCH 2020 is moving towards a line of 16.9550 which it has tested numerous times in the…
Big movement expected on BCHCAD after a breach of the resistance
BCHCAD has broken through a resistance line of a Falling Wedge and suggests a possible movement to 274.7509…
Breach of 89.53 could mean a start of a bullish trend on Merck & Co. Inc.
Merck & Co. Inc. has broken through a line of 89.53. If this breakout holds true, we expect…