Skip to content USDJPY is moving towards a line of 152.3910 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDJPY continues in its current trajectory, we may see it move towards 152.3910 within the next 2 days.
An emerging Rising Wedge has been detected on XAUUSD. The pattern has not yet broken through support, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 4213.385, and it is expected to move to 4266.8382.
FTSE100 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 9 days and may test it again within the next 12 hours.
A strong resistance level has been identified at 105504.8203 on the 15 Minutes BTCUSD chart. BTCUSD is likely to test this level soon.
An emerging Rising Wedge pattern has been detected for S&P500 on the 1 hour chart. There may be a move toward 6908.0376 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels.
LTCUSD is moving toward a support line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 9 days and may test it again within the next 2 days.
NGC/USD is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If NGC/USD continues on its current trajectory, it could reach 4.4504 within the next 19 hours.
ETHUSD is approaching a critical level that could be a key deciding factor for what comes next. We may see this trajectory continue to test and break through 3597.8000, unless it loses momentum and pulls back to current levels.
