USDCHF is heading towards the resistance line of a Rising Wedge and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 0.8301 Entry: 0.828 Stop: 0.8257
DAX 40 is approaching a support line at 23579.0000. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn
FTSE 100 is about to retest a key horizontal support level near 8708.4297. It has tested this level 3 times in the recent past and could simply bounce off like
Nikkei 225 moved through the support line of a Triangle at 39700.0 on the 30 Minutes chart. This line has been tested a number of times in the past and