Day: June 20, 2019
17 posts
Trade of the Day: AUD/NZD
By: Dima Chernovolov AUD/NZD continues to rise inside the 4-hour Down Channel chart pattern which was earlier identified by Autochartist. Autochartist rates the quality of this Down Channel at the 8-bar level – which is the result of the sharp Initial Trend (10 bars), higher Uniformity (3 bars) and substantial Clarity (9 bars). AUD/NZD is…
JPN225 – breach of a trending resistance line that has been tested at least twice before.
JPN225 has broken through the resistance line of a Inverse Head and Shoulders technical chart pattern. Because we…
After testing 1.2763 numerous times, GBP/USD is once again approaching this price point. Can we expect a bullish trend to follow?
The movement of GBP/USD towards 1.2763 price line is yet another test of the line it reached numerous…
GBP/JPY Target Level: 137.3049
Inverse Head and Shoulders has broken through the resistance line at 20-Jun-2019 10:00 UTC. Possible bullish price movement forecast for the next day towards 137.3049. Supported by Upward sloping Moving Average Chart 1 hourPattern Inverse Head and ShouldersLength 84 CandlesIdentified 20-Jun-2019 10:00 UTC
Important support line being approached by BTCGBP. This price has been tested numerous time in the last 2 days
BTCGBP is moving towards the support line of a Flag which it has tested numerous times in the…
Important support line being approached by UK100. This price has been tested numerous time in the last 17 days
UK100 is moving towards the support line of a Rising Wedge which it has tested numerous times in…
After testing the resistance line numerous times, ETHUSD is once again approaching this line. Can we expect a bullish trend to follow?
The movement of ETHUSD towards the resistance line of a Rising Wedge is yet another test of the…