This trade setup on USDJPY formed after a period of consolidation, during which the price moved mostly sideways before choosing a longer-term direction. Following the bullish breakout through resistance, the price could move toward 155.9808.
Skip to content This trade setup on USDJPY formed after a period of consolidation, during which the price moved mostly sideways before choosing a longer-term direction. Following the bullish breakout through resistance, the price could move toward 155.9808.
This trade setup on USDJPY formed after a period of consolidation, during which the price moved mostly sideways before choosing a longer-term direction. Following the bullish breakout through resistance, the price could move toward 155.9808.
A strong resistance level has been breached at 25701.5293 on the 30 Minutes NAS100 chart. Technical analysis forecasts a move to 25930.0859 within the next 14 hours.
Rectangle pattern identified on XAUUSD has broken through a resistance level, with price momentum continuing to move upward. This presents a solid trading opportunity, with the price expected to reach 4288.2445 in the next 3.
BRN/USD 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 11 days and may test it again within the next 3 days.
NGC/USD is approaching the line at 4.4565. If this move continues, the price of NGC/USD could test 4.4565 within the next 5 hours. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.
XAGUSD 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 3 days and may test it again within the next 19 hours.
LTCUSD is trapped in a Rising Wedge formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]