NGC/USD is moving towards a key support level at 3.7795. This is a previously tested level for NGC/USD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Skip to content NGC/USD is moving towards a key support level at 3.7795. This is a previously tested level for NGC/USD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
EURUSD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 8 days and may test it again within the next 2 days.
ETHUSD is heading toward the resistance line in a Channel Down pattern. If this move continues, the price of ETHUSD could test 1927.7262 within the next 3 days. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
XAUUSD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 2 days and may test it again within the next 12 hours.
LTCUSD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 20 hours and may test it again within the next 5 hours.
USDJPY is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If USDJPY continues on its current trajectory, it could reach 157.3354 within the next 3 days.
The price of XAGUSD is heading toward 89.0007. Despite the recent breakout through 87.6490, it may struggle to gain momentum to reach the forecast price and could move back in the other direction. This has happened many times in the past, so watch for a possible bounce back.
An emerging Flag pattern has been detected for NAS100 on the 4 hour chart. There may be a move toward 25112.2815 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels.