Emerging Falling Wedge detected on GBPUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.32027 and it is expected to move to 1.3139.
Supported by Downward sloping Moving Average
Target: 1.3139 Entry: 1.3203 Stop: 1.3237
USDCHF has broken through a line of 0.8966 and suggests a possible movement to 0.8996 within the next 18 hours. It has tested this line numerous times in the past,
Broke through Support level of 1.3114 at 11/7 08:45. Possible bearish price movement forecast for the next 18 hours towards 1.3063. Target: 1.3121 Entry: Stop: 1.3103
USDCAD is trapped in a Inverse Head and Shoulders formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now