BRN/USD has broken through a support line. It has touched this line at least twice in the last 10 days. This breakout may indicate a potential move to 76.0889 within the next 19 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Emerging Channel Up detected on USDJPY – the pattern is an emerging one and has not yet broken through support,
Emerging Channel Down detected on XAGUSD – the pattern is an emerging one and has not yet broken through resistance,
LTCUSD has experienced an extremely big movement in last 11 hours. It may continue the trend, but this would make
This trade setup on XAUUSD is formed by a period of consolidation; a period in which the price primarily moves
Emerging Channel Down pattern in its final wave was identified on the GBPJPY 30 Minutes chart. After a strong bearish
NAS100 hits 20065.4045 after a 9.42% move spanning 25 days.
Those of you that are trend followers are probably eagerly watching USDJPY to see if its latest 1.55% move continues.
