Important resistance line being approached by AUD/USD. This price has been tested numerous time in the last 2 days

AUD/USD - getting close to resistance of a Channel Up
AUD/USD is heading towards the resistance line of a Channel Up and could reach this point within the next 5 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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A Channel Down has formed, XAG/USD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

Will XAG/USD have enough momentum to break support?
XAG/USD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.

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Inflation Rate YoY Prel

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We expect USDCAD to trend downwards for the next 48 hours. Based on these past Germany Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is < 2.6%. A price movement of 223 pips is expected. Historical events that allowed us to draw this conclusion

31 Jan 13:00
29 Nov 13:00
31 May 12:00
28 Apr 12:00

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A Channel Down has formed, XAG/USD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

Will XAG/USD have enough momentum to break support?
XAG/USD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.

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CHF/JPY – approaching a price line that has been previously tested numerous times in the past

Should we expect a breakout or a rebound on CHF/JPY?
The movement of CHF/JPY towards 169.9970 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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