ETHUSD is moving towards a key resistance level at 3885.9700. ETHUSD 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?
ETHUSD is moving towards a key resistance level at 3885.9700. ETHUSD 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?
USDJPY has broken through a line of 147.4525. If this breakout holds true, we could see the price of USDJPY heading towards 146.9438 within the next 10 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 […]
S&P500 is heading towards the resistance line of a Ascending Triangle. If this movement continues, the price of S&P500 could test 6359.2187 within the next 22 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
FTSE100 is moving towards a line of 9090.7998 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FTSE100 continues in its current trajectory, we […]
XAUUSD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
An emerging Channel Down has been detected on BRN/USD on the 30 Minutes chart. There is a possible move towards 66.8482 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
XAGUSD is moving towards a resistance 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 […]
ETHUSD is moving towards a key resistance level at 3885.9700. ETHUSD 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?