Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.5567 – read about what this could mean for the future.
EURCAD is en route to a very important line that will be a definite deciding factor of what…
Big movement possible on US Oil after a breach of 62.0410
US Oil is once again retesting a key horizontal resistance level at 62.0410. It has tested this level…
DOW 30 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Triangle detected on DOW 30 – the pattern is an emerging one and has not yet broken…
A final push possible on ETHEUR as it starts approaching a price line of 2164.4199.
The movement of ETHEUR towards 2164.4199 price line is yet another test of the line it reached numerous…
Nikkei 225 is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
Nikkei 225 was identified at around 37683.0 having recently rebounded of the support on the 30 Minutes data…
Important support line being approached by AUDCAD. This price has been tested numerous time in the last 17 days
AUDCAD was identified at around 0.88591 having recently rebounded of the resistance on the 4 hour data interval.…
AVGO formed a Channel Up on the 1 hour chart. Retest of resistance in sight.
A Channel Up pattern was identified on AVGO at 243.165, creating an expectation that it may move to…
US Oil is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 3 days.
US Oil is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
There is a 66.67% chance of MW trending upwards
Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect MW to trend upwards…
We expect EURUSD to trend downwards today with a 75% chance.
Based on the last 12 GDP Growth Rate QoQ events in Canada, we expect EURUSD to trend downwards…