NZDUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If NZDUSD continues in its current trajectory, we could see it reach 0.5788 within the next 3 days.
Supported by Upward sloping Moving Average
Target: 0.5788 Entry: 0.5733 Stop: 0.5694
Emerging Channel Up detected on ETHUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the
A Channel Up pattern was identified on ETHUSD at 2761.42, creating an expectation that it may move to the resistance line at 2909.9934. It may break through that line and
Approaching Support level of 505.06 identified at 11/1 13:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 505.06 within the next 6