EURUSD – Chart Pattern – Channel Up
An emerging Channel Up pattern in its final wave has been identified on the EURUSD 4 hour chart. After a strong bearish run, EURUSD is heading toward the upper triangle trendline, with possible resistance at 1.1588. If the support holds, the Channel Up pattern suggests a rebound toward current levels. *** Risk Warning: Trading in […]
BABA – Key Level – Resistance
BABA has broken through a resistance line. Since it has previously retraced from this price, wait for confirmation of the breakout before trading. It has touched this line several times over the past 13 days. This suggests a possible target around 166.3490 within the next 7 hours. *** Risk Warning: Trading in securities involves significant […]
HK50 – Chart Pattern – Rising Wedge
HK50 has broken through the support line of a Rising Wedge pattern and suggests a possible move to 25591.6091 within the next 2 days. It has tested this line before, so it is prudent to wait for confirmation of the breakout before taking action. If the breakout is not confirmed, we could see a retracement […]
IT40 – Key Level – Resistance
IT40 is moving toward a level at 43577.0000, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If IT40 continues on its current trajectory, we may see it move toward 43577.0000 […]
GOOG – Chart Pattern – Channel Up
An emerging Channel Up has been detected on GOOG. The pattern has not yet broken through resistance, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 314.44, and it is expected to move to 299.7586. *** Risk Warning: Trading in securities […]
F40 – Key Level – Support
A strong support level has been identified at 8065.1001 on the 15 Minutes F40 chart. F40 is likely to test this level soon. *** Risk Warning: Trading in securities involves significant risk. Prices may fluctuate and securities may become valueless. Losses may exceed deposits. These products are complex and require appropriate knowledge.
AMP – Chart Pattern – Channel Up
AMP is moving toward a support line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If AMP continues on its current trajectory, it could reach 450.5627 within the next 12 hours. *** Risk Warning: Trading in securities involves significant risk. […]
PYPL – Key Level – Support
PYPL is moving toward a support line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 15 days and may test it again within the next 15 hours. *** […]
UK100 – Chart Pattern – Triangle
UK100 has broken through a support line of the Triangle chart pattern. If this breakout holds, we may see the price of UK100 test 9646.3313 within the next 2 days. But don’t rush to trade. It has tested this line before, so confirm the breakout before taking any action. *** Risk Warning: Trading in securities […]
AUS200 – Key Level – Resistance
AUS200 is moving toward a resistance line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 5 days and may test it again within the next 14 hours. *** […]