You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 192.2997 but consider reducing the size of your position as the price gets closer to that target.
A movement of 4.16% over 21 days on EURUSD doesn’t go unnoticed. You may start considering where it’s heading next,
XAUUSD has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we may
Triangle pattern identified on XAGUSD has broken through a resistance level with the price momentum continuing to move in an
The movement of LTCUSD towards 86.4900 price line is yet another test of the line it reached numerous times in
Emerging Channel Up detected on USDJPY – the pattern is an emerging one and has not yet broken through support,
FTSE100 rose sharply for day – which is an excessively big movement for this instrument; exceeding the 98% of past
The movement of USDJPY towards 153.8390 price line is yet another test of the line it reached numerous times in
