The breakout of S&P500 through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we may see the price of S&P500 testing 6350.4693 within the next 3 days.
Skip to content The breakout of S&P500 through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we may see the price of S&P500 testing 6350.4693 within the next 3 days.
The movement of ETHUSD towards 3528.7100 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
FTSE100 is moving towards a key resistance level at 9163.1504. FTSE100 has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
Emerging Triangle pattern in its final wave was identified on the BTCUSD 4 hour chart. After a strong bullish run, we find BTCUSD heading towards the upper triangle line with a possible resistance at 119476.8258. If the resistance shows to hold, the Triangle pattern suggests a rebound back towards current levels.
GBPJPY has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 198.3621 may materialize within the next 23 hours.
A Channel Up pattern was identified on XAUUSD at 3333.455, creating an expectation that it may move to the resistance line at 3347.7107. It may break through that line and continue the bullish trend or it may reverse from that line.
The breakout of S&P500 through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we may see the price of S&P500 testing 6350.4693 within the next 3 days.
A strong resistance level has been breached at 69.6375 on the 4 hour BRN/USD chart. Technical Analysis theory forecasts a movement to 70.5664 in the next day.