AUS200 – Chart Pattern – Rectangle
An emerging Rectangle pattern in its final wave has been identified on the AUS200 1 hour chart. After a strong bearish run, AUS200 is heading toward the upper triangle trendline, with possible resistance at 8563.6524. If the support holds, the Rectangle pattern suggests a rebound toward current levels. *** Risk Warning: Trading in securities involves […]
WBC – Key Level – Resistance
WBC has breached the resistance line at 37.5250. It may continue the bullish trend toward 38.0735, or it may be yet another test of this level. *** 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.
CBA – Chart Pattern – Channel Down
An emerging Channel Down pattern has been detected for CBA on the 30 Minutes chart. There may be a move toward 153.7627 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels. *** Risk Warning: Trading in securities involves significant risk. Prices may […]
UNH – Key Level – Resistance
UNH has broken through a resistance line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 30 days, which suggests a possible target around 350.4700 within the next 2 days. *** Risk Warning: Trading in securities […]
AMP – Chart Pattern – Falling Wedge
It would be prudent to confirm the breakout that just occurred. Do you consider the move through resistance significant? Do you have indicators confirming that the price momentum will continue? If so, aim for a target of 483.5661, but consider reducing your position size as the price approaches that target. *** Risk Warning: Trading in […]
AMCR – Key Level – Resistance
A strong resistance level has been identified at 8.5750 on the 1 hour AMCR chart. AMCR 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.
SUN – Consecutive Candle
SUN recorded an unusual number of bearish candles on the Daily timeframe. *** 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.
GBPJPY – Chart Pattern – Channel Up
An emerging Channel Up pattern has been detected for GBPJPY on the 15 Minutes chart. There may be a move toward 207.9876 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels. *** Risk Warning: Trading in securities involves significant risk. Prices may […]
DE30 – Key Level – Resistance
The price of DE30 is heading back toward the resistance area. It may struggle to break through and could reverse direction. The price may eventually break through, but it typically retreats from the level several times before doing so. *** Risk Warning: Trading in securities involves significant risk. Prices may fluctuate and securities may become […]
AUDUSD – Consecutive Candle
AUDUSD experienced an unusual number of bullish candles on the Daily timeframe. *** 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.