The chart watch posts are meant to alert traders for chart patterns, support & resistance and candlestick patterns. Chart watch posts are not trade ideas and do NOT have forecasting value. Review our previous chart watch posts as many key levels and patterns remain valid.
At Support or Resistance
USDJPY Weekly Chart: The price settles above key long term support among 104.64-104.82. Will we bounce or BREAK?
GBPUSD Daily Chart: Short term descending resistance being tested.
US RUSSELL 2000 Daily Chart: Main medium term horizontal support holding so far at 1453.
Gold Daily Chart: Gravestone doji candlestick pattern.
NZDJPY Daily Chart: Hammer candlestick pattern.
Candlestick Patterns at Resistance
EURNZD Daily Chart: Shooting star candlestick pattern at prior high and potential resistance at 1.7575.
German DAX Daily Chart: Possible head and shoulders pattern. The price should break its neckline to be a valid head and shoulders.