Falling Wedge pattern identified on NAS100 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 19938.9961 in the next 14.
Skip to content Falling Wedge pattern identified on NAS100 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 19938.9961 in the next 14.
S&P500 recorded an exceptional 1.88% move over the last 14 hours. Whether you follow trends or look for reversals, this move is hard to ignore.
EURUSD is heading toward the resistance line in a Channel Down pattern. If this move continues, the price of EURUSD could test 1.1901 within the next 21 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
NAS100 has broken through a support line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 19 days, which suggests a possible target around 24923.1621 within the next 3 days.
USDJPY reached 154.752 after a 1.24% move spanning 2 days.
LTCUSD 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 LTCUSD continues on its current trajectory, it could reach 59.9073 within the next 2 days.
FTSE100 is approaching a support line at 10138.6699. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.
NGC/USD recorded an exceptional 10.43% move over the last 18 hours. Whether you follow trends or look for reversals, this move is hard to ignore.