BRN/USD is approaching the resistance line of a Rising Wedge. 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 20 hours.
Skip to content BRN/USD is approaching the resistance line of a Rising Wedge. 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 20 hours.
Those of you that are trend followers are probably eagerly watching EURUSD to see if its latest 5.16% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 21 days move.
BRN/USD is moving towards a key support level at 71.0305. BRN/USD has previously tested this level 6 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
A strong support level has been identified at 1870.4301 on the 30 Minutes ETHUSD chart. ETHUSD is likely to test it soon.
The last 7 30 Minutes candles on XAUUSD formed a Head and Shoulders pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 3019.2536.
BTCUSD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
FTSE100 is about to retest a key horizontal resistance level near 8738.9004. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
NAS100 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 9 days and may test it again within the next […]