Technical Analysis
LTCUSD is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
EURUSD is moving towards a key resistance level at 1.1385. EURUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is
An emerging Channel Down has been detected on USDCAD on the 1 hour chart. There is a possible move towards 1.3819 next few candles. Once reaching resistance it may continue
The price of DOW 30 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction.
AUDUSD has broken through a support line of a Rising Wedge and suggests a possible movement to 0.6221 within the next 22 hours. It has tested this line in the
Nikkei 225 is heading towards a line of 33884.0000. If this movement continues, the price of Nikkei 225 could test 33884.0000 within the next 19 hours. But don’t be so
USDCHF is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 3 days. If it tests this line again, it should
The price of LTCUSD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The
Emerging Rising Wedge detected on DOW 30 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over
EURUSD is approaching a resistance line at 1.1099. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around