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MARKET ANALYSIS

BTCUSD has broken through a line of 94415.4219. If this breakout holds true, we could see the price of BTCUSD heading towards 94999.7969 within the next 7 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.

BTCUSD is heading toward 92450.9219 and could reach this level within the next 3 days. It has tested this level numerous times in the past, and this time could be no different, ending in a rebound rather than a breakout. If a breakout does not occur, we may see a retracement back to current levels.

NAS100 showed a long streak of consecutive bullish candles on the Daily chart.

EURUSD has breached the support line at 1.1573. It may continue the bearish trend toward 1.1512, or it may be yet another test of this level.

The movement of XAUUSD toward the resistance line of a Rising Wedge is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 2 days, but it is uncertain whether it will result in a breakout through this line or simply […]

XAGUSD has broken through a resistance line. Since it has previously retraced from this price, wait for confirmation of the breakout before trading. It has touched this line several times over the past 16 days. This suggests a possible target around 55.7579 within the next 3 days.

ETHUSD is approaching a resistance line at 3037.8201. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may return to current levels.

BRN/USD has breached the resistance line at 63.3005. It may continue the bullish trend toward 63.9627, or it may be yet another test of this level.