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Forex
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CHF/JPY Target Level: 109.3816
Channel Down identified at 28-Oct-2019 04:30 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 109.3816 within the next 8 hours. Supported by RSI below 40 Chart 15 MinutesPattern Channel DownLength 112 CandlesIdentified 28-Oct-2019 04:30 UTC
Breach of resistance could mean a start of a bullish trend on USD/CAD
USD/CAD has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true,…
USD/JPY Target Level: 108.7740
Rising Wedge identified at 27-Oct-2019 22:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 108.7740 within the next 6 hours. Supported by RSI below 40 Chart 1 hourPattern Rising WedgeLength 21 CandlesIdentified 27-Oct-2019 22:00 UTC
GBP/USD Target Level: 1.2786
Falling Wedge identified at 25-Oct-2019 09:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2786 within the next 16 hours. Supported by Downward sloping Moving Average Chart 30 MinutesPattern Falling WedgeLength 107 CandlesIdentified 25-Oct-2019 09:00 UTC
After testing support twice in the past, USD/JPY has finally broken through. Can we expect a bearish trend to follow?
The breakout of USD/JPY through the support line of a Triangle could be a sign of the road…
We expect GBPUSD to trend upwards for the next 12 hours.
Historical events that allowed us to draw this conclusion 24 Sep 08:00 24 Jun 08:00 All references to…
Breach of support could mean a start of a bearish trend on EUR/USD
EUR/USD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we…
AUD/USD Target Level: 0.6857
Channel Down identified at 25-Oct-2019 05:30 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6857 within the next 23 hours. Supported by RSI below 40 Chart 30 MinutesPattern Channel DownLength 143 CandlesIdentified 25-Oct-2019 05:30 UTC
We expect a 75 pip movement on GBPUSD within 12 hours following the event release.
Historical events that allowed us to draw this conclusion 24 Sep 08:00 24 Jun 08:00 All references to…
After testing 0.6819 numerous times, AUD/USD has finally broken through. Can we expect a bearish trend to follow?
The breakout of AUD/USD through the 0.6819 price line is a breach of an important psychological price that…