Skip to content XAGUSD has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 37.2208 within the next 20 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
GBPJPY 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 200.0190, unless it runs out of momentum and pulls back to current levels.
XAGUSD has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 37.2208 within the next 20 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
The price of S&P500 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
The movement of NGC/USD towards 2.7325 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 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
A strong resistance level has been identified at 115925.5391 on the 30 Minutes BTCUSD chart. BTCUSD is likely to test it soon.
An emerging Channel Down has been detected on USDJPY on the 4 hour chart. There is a possible move towards 145.5789 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
EURUSD 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 1.1693, unless it runs out of momentum and pulls back to current levels.
