LTCUSD is bouncing off the long-term channel support On the Weekly LTCUSD chart, we can see that the instrument is bouncing off the Andrew’s Pitchfork long-term uptrend channel support line 118.03. A confirmed break above 186.30. There is a consolidation ongoing between 118 and 186 and you will need […]
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GBPJPY is going for a channel half median line test On the Monthly GBPJPY chart, we can see that the instrument is trying to reach Andrew’s Pitchfork long-term uptrend channel first half median line test near 160. A confirmed break above this level would lead to an extreme upside
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DAX is testing the uptrend channel resistance On the Monthly DAX chart, we can see that the instrument is trying to break above Andrew’s Pitchfork long-term uptrend channel resistance line near 15550. A confirmed break above this level would lead to an extreme upside continuation. This resistance is aligned
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XAUUSD is within a reach of the uptrend channel resistance On the Monthly XAUUSD chart, we can see that the instrument is trying to go for Andrew’s Pitchfork long-term uptrend channel resistance line near 2000 again. A strong resistance before this lies at 1880 falling trendline connecting previous 2025
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Nikkei is being rejected by the upper channel resistance line On the Monthly Nikkei chart, we can see that the pair is testing Andrew’s Pitchfork long-term uptrend channel resistance line 30700. It has been rejected from it and is pulling back within the channel to test the second channel
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