Skip to content The price of FTSE100 in heading back to the resistance 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.
EURUSD is moving toward a level at 1.1676, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If EURUSD continues on its current trajectory, we may see it move toward 1.1676 […]
LTCUSD 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 55.7000, unless it loses momentum and pulls back to current levels.
BRN/USD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 10 hours.
NGC/USD has broken through a line at 2.6840. If this breakout holds, we could see the price of NGC/USD move toward 2.7730 within the next 3 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
BTCUSD has broken through the resistance line, which it has tested twice before. We have seen it retrace from this line before, so wait for confirmation of the breakout before trading. If this new trend persists, a target level around 77758.1200 may materialize within the next 3 days.
XAGUSD has broken through the resistance line of a Channel Down pattern and suggests a possible move to 75.4273 within the next 2 days. It has tested this line before, so it is prudent to wait for confirmation of the breakout before taking action. If the breakout is not confirmed, we could see a retracement […]
GBPJPY is about to retest a key horizontal resistance level near 215.7870. It has tested this level 4 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.
