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 1.26306 and it is expected to move to 1.2604.
Supported by Downward sloping Moving Average
Target: 1.2604 Entry: 1.2631 Stop: 1.2651
NZDUSD is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of NZDUSD could test 0.5779 within the next 3 days. It has tested
AUDUSD is moving towards a key resistance level at 0.6322. This is a previously tested level for AUDUSD. This could be a good trading opportunity, either at the spot price,
A strong resistance level has been breached at 154.6040 on the 30 Minutes USDJPY chart. Technical Analysis theory forecasts a movement to 155.3544 in the next 21 hours. Supported by