Dear traders, recently cable has performed poorly against aussie and this implies a probable short squeeze towards 1.7550 by breaking the minor trend line. Stop loss could e put above 1.7800. Let's monitor this pair.
Dear traders, the overall trend is definitely bullish and by breaking a minor trend line the index tends to go higher revisiting 3963 and maybe beyond. Monitor it carefully.
Dear traders, this pair is technically in a good condition to grow more in a rising channel. Monitor it carefully.
Dear traders, according to the chart, the pair has broken and retested a minor falling trend line. Now, as the main trend is bullish, the pair is preparing itself to move higher towards 0.9900 and 0.9930.
Dear traders, silver is in a good technical condition to break the flag and rise again. Monitor it carefully!
Dear traders, as we expected, the price touched the broken trend line and reacted as well. This implies a possibility of a bounce towards 1.2800. Let's See!
Dear traders, the pair is now bearish towards 1.2600 and the previously broken trend line may make it a boost towards 1.2800.
Dear traders, as it is obvious, the pair is out of the channel (flag) to pave its way to 0.7820 and in longer term towards 0.8120.
Dear traders, the index has been choppy during last week and experienced some serious falls. Now it could fall again here if the falling trend line holds. Let's See!
Dear traders, the pair has broken its trend line as well as penetrating below its support now turned to resistance. These two reasons suggest a good sell setup towards next support level @ 0.7640. Let's See!
Dear traders, the pair is out of the channel which denotes the tendency for the coming correction. Let's See!
Dear traders, the pair has been unsuccessful to overcome 127 hurdle and the break of trend line implies the tendency for a short term pullback. Let's See!
Dear traders, it seems after a strong break of the trend line, the index tends to go more south making its corrective wave. Let' See!
Dear traders, the pair is out of its correction phase by breaking the trend line. Therefore, you may enter long to revisit 117.75 as the first target.
Dear traders, the pair seems to be in a probable rounding bottom pattern which could lead it back to the psychological level @ 0.9000. Let's See!
Dear traders, crude oil drop could activate the correction phase. This may cause a drop towards 44$ per barrel. Let's See!
Dear traders, this pair has bounced sharply over 1.2700 and now the bulls are gathering momentum for the next upward move towards 1.3000 and beyond. Let's See!
Dear traders, the pair is in a main long-term bullish cycle. However, for a short time, the pair may start a correction. Let's See!