FRA40 is moving towards a line of 5586.5000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FRA40 continues in its current trajectory, we can expect it to reach 5586.5000 within the next 8 hours.
Related Posts
NAS100 is approaching 18223.2500. We expect either a breakout through this line, or a rebound.
NAS100 is en route to a very important line that will be a definite deciding factor of what…
Important price line breached by AUS200. This price has been tested numerous times before.
AUS200 has broken through a resistance line. It has touched this line numerous times in the last 4…
An unexpected large move has occurred on UK100 Daily chart! Is this a sign of something new? What can we expect?
UK100 rose sharply for 23 days – which is an excessively big movement for this instrument; exceeding the…