Skip to content XAGUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If XAGUSD continues in its current trajectory, we could see it reach 32.4977 within the next 2 days.
Triangle pattern identified on XAUUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 3291.9738 in the next 2.
GBPJPY moved through the resistance line of a Triangle at 191.3827272727273 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 192.8505.
ETHUSD has breached the resistance line at 1843.4000. It may continue the bullish trend towards 1941.8719, or, it may prove to be yet another test of this level.
An emerging Descending Triangle has been detected on NAS100 on the 4 hour chart. There is a possible move towards 19659.0749 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
BTCUSD is moving towards a key resistance level at 97720.0234. BTCUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 12.56% move on LTCUSD. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
BRN/USD is moving towards a key resistance level at 67.2300. This is a previously tested level for BRN/USD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
