Skip to content The breakout of EURUSD through the 1.1586 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, EURUSD could test 1.1668 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
XAUUSD is moving towards a key support level at 3370.6250. This is a previously tested level for XAUUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
LTCUSD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of LTCUSD testing 114.2763 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
NGC/USD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 3.0945, unless it runs out of momentum and pulls back to current levels.
A Channel Up pattern was identified on S&P500 at 6352.33, creating an expectation that it may move to the resistance line at 6435.3960. It may break through that line and continue the bullish trend or it may reverse from that line.
The movement of EURUSD towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
A strong resistance level has been breached at 116001.7031 on the 4 hour BTCUSD chart. Technical Analysis theory forecasts a movement to 117705.6406 in the next 21 hours.
NAS100 has broken through a resistance line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 23587.9424 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
