Sentences with phrase «sideways trend lines»

As mentioned in our Forex trading trend guide, sideways trend lines are seen as horizontal lines, that occur in between drops and rises in currency price.

Sideways trend lines can not continue for a long time, and it is a good advice to try and estimate where exactly the currency is going to go next.

Not exact matches

HUI - gold ratio: At best one could say the ratio has gone sideways since late last year, but there is nevertheless a down - trend line that keeps capping rally attempts at lower and lower levels, which no gold timer we know of would ever interpret as a bullish sign — click to enlarge.

The bulls will have to negate the price downtrend, meaning a move above trend - line resistance at $ 48.00, to gain some technical strength to then suggest sideways to higher price action is forthcoming.

You might like to make sure that the price goes outside the barrier of the trend line twice before being sure the sideways trend is broken.

Prices are forecast to go sideways in a sustained pattern around $ 600, meaning that recent lows like $ 580 could return before a rebound to successive up - trend lines.