Skip to content The price of ETHUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
XAUUSD is heading towards the resistance line of a Channel Up and could reach this point within the next 3 days. 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 […]
A strong resistance level has been identified at 6122.9702 on the 30 Minutes S&P500 chart. S&P500 is likely to test it soon.
Emerging Channel Down detected on LTCUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 115.64 and it is expected to move to 122.6229.
A Rising Wedge pattern was identified on GBPJPY at 193.85, creating an expectation that it may move to the resistance line at 195.6066. It may break through that line and continue the bullish trend or it may reverse from that line.
XAGUSD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 11 days and suggests a possible target level to be around 29.7730 within the next 2 […]
ETHUSD is heading towards a line of 3385.3000. If this movement continues, the price of ETHUSD could test 3385.3000 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
EURUSD hits 1.04675 after a 1.98% move spanning 15 days.
