Day: December 31, 2019
18 posts
Big movement expected on Merck & Co. Inc. after a breach of the support
Merck & Co. Inc. has broken through a support line of a Triangle and suggests a possible movement…
GBP/CHF Target Level: 1.2797
Triangle identified at 31-Dec-2019 09:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2797 within the next 2 days. Supported by RSI below 40 Chart 1 hourPattern TriangleLength 161 CandlesIdentified 31-Dec-2019 09:00 UTC
Breach of 1.1211 could mean a start of a bullish trend on EUR/USD
EUR/USD has broken through a line of 1.1211. If this breakout holds true, we expect the price of…
ETHEUR is approaching the support line of a Support. It has touched this line numerous times in the last 12 days.
ETHEUR is approaching the support line of a Support. It has touched this line numerous times in the…
Trade of the Day: EUR/JPY
By: Dima Chernovolov EUR/JPY continues to fall inside the uniform 30-minute Down Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), above-average Uniformity (6 bars) and strong Clarity (8 bars). EUR/JPY…
GBP/JPY Target Level: 141.9320
Approaching Support level of 141.9320 identified at 30-Dec-2019 20:00 UTC Supported by Downward sloping Moving Average Chart 1 hourPattern SupportLength 172 CandlesIdentified 30-Dec-2019 20:00 UTC
US30 is quickly approaching 28229.0000. We expect either a breakout through this line, or a rebound.
US30 is heading towards a line of 28229.0000. If this movement continues, we expect the price of US30…
Big movement expected on BTCUSD after a breach of 7275.2798
BTCUSD has broken through a line of 7275.2798 and suggests a possible movement to 7149.2969 within the next…