Skip to content GBPJPY is moving towards a support line. Because we have seen it retrace from this line before, 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 10 days and may test it again within the next 2 days.
XAUUSD has broken through 3318.3350 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, XAUUSD may be heading towards 3349.5090 within the next 2 days.
A strong resistance level has been identified at 97.2000 on the 30 Minutes LTCUSD chart. LTCUSD is likely to test it soon.
FTSE100 has moved higher by 14.44% from 7677.0 to 8785.56 in the last 52 days.
NAS100 has broken through a line of 21279.5000 and suggests a possible movement to 21529.6035 within the next 11 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
The breakout of S&P500 through the resistance line of a Ascending Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of S&P500 testing 5923.8800 within the next 16 hours.
This trade setup on USDJPY is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 144.6464.
The last 8 4 hour candles on XAUUSD formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 3304.9676.
