A Channel Up pattern was identified on NAS100 at 22549.4966, creating an expectation that it may move to the resistance line at 22749.4810. It may break through that line and continue the bullish trend or it may reverse from that line.
A Channel Up pattern was identified on NAS100 at 22549.4966, creating an expectation that it may move to the resistance line at 22749.4810. It may break through that line and continue the bullish trend or it may reverse from that line.
A breakout of EURUSD through the support line of a Triangle could signal what’s ahead. If the breakout persists, we may see EURUSD’s price test 1.1842 within the next 2 days.
An emerging Rising Wedge pattern in its final wave has been identified on the FTSE100 4 hour chart. After a strong bearish run, FTSE100 is heading toward the upper triangle trendline, with possible resistance at 10110.2750. If the support holds, the Rising Wedge pattern suggests a rebound toward current levels.
USDJPY is approaching a resistance line at 153.4405. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may return to current levels.
XAGUSD has broken through a resistance 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 2 days, which suggests a possible target around 120.9679 within the next 8 hours.
An emerging Channel Up pattern has been detected for NAS100 on the 1 hour chart. There may be a move toward 26594.9948 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels.
BTCUSD is moving toward a level at 88977.3906, 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 BTCUSD continues on its current trajectory, we may see it move toward 88977.3906 […]
A rare candlestick sequence was recorded on the XAUUSD Daily chart, ending at 5517.2905.