Skip to content LTCUSD has broken through a support line of a Triangle and suggests a possible movement to 115.6315 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
NGC/USD is heading towards the resistance line of a Channel Down. If this movement continues, the price of NGC/USD could test 3.0375 within the next 16 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.
LTCUSD has broken through a support line of a Triangle and suggests a possible movement to 115.6315 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back […]
XAGUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 10 days and may test it again within the next […]
S&P500 is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 10 days and may test it again within the next 2 days.
FTSE100 is about to retest a key horizontal support level near 9120.0000. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
GBPJPY is heading towards the support line of a Head and Shoulders and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, […]
XAUUSD 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 XAUUSD continues in its current trajectory, we could see it […]
