Day: December 20, 2019
25 posts
Trade of the Day: CAD/JPY
By: Dima Chernovolov CAD/JPY recently broke the 4-hour Rising Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 6-bar level – which is the result of the above-average Initial Trend (6 bars), medium Uniformity (5 bars) and significant Clarity (7 bars). CAD/JPY is expected to…
We expect GC to trend downwards today with a 66.67% chance.
Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect GC to…
Big movement expected on Light Sweet Crude Oil FEBRUARY 2020 after a breach of the support
Light Sweet Crude Oil FEBRUARY 2020 has broken through a support line of a Rising Wedge and suggests…
We expect ZR to trend downwards today.
Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect ZR to trend downwards…
Big movement expected on Merck & Co. Inc. after a breach of 90.00
Merck & Co. Inc. has broken through a line of 90.00 and suggests a possible movement to 90.55…
We expect SI to trend downwards today with a 75% chance.
Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect SI to…
NZD/JPY Target Level: 72.3300
Triangle identified at 20-Dec-2019 08:45 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 72.3300 within the next 14 hours. Supported by RSI below 40 Chart 15 MinutesPattern TriangleLength 190 CandlesIdentified 20-Dec-2019 08:45 UTC
Big movement expected on US30 after a breach of the support
US30 has broken through a support line of a Triangle and suggests a possible movement to 28352.7009 within…
A final push expected on USD/CHF as it starts approaching a price line of 0.9813.
USD/CHF is heading towards a price line of 0.9813 and could reach this point within the next 13…
Breach of 0.1860 could mean a start of a bearish trend on XRPUSD
XRPUSD has broken through a line of 0.1860. If this breakout holds true, we expect the price of…