FRA40 has broken through a line of 15.0000 and suggests a possible movement to 14.4300 within the next 14 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 10 days.
Related Posts
After experiencing a 6.57% bearish move in the space of 14 days, nobody knows where NAS 100 is headed.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
DOW 30 experienced 7 consecutive 4 hour bearish candles to reach a price of 38170.5500
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
After testing the resistance line numerous times, FTSE 100 is once again approaching this line. Can we expect a bullish trend to follow?
FTSE 100 is moving towards a resistance line which it has tested numerous times in the past. We…