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MARKET ANALYSIS

LTCUSD is about to retest a key horizontal resistance level near 82.0100. It has tested this level 5 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.

LTCUSD is about to retest a key horizontal resistance level near 82.0100. It has tested this level 5 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.

GBPJPY has broken through a resistance line. Since it has previously retraced from this price, wait for confirmation of the breakout before trading. It has touched this line several times over the past 6 days. This suggests a possible target around 212.7108 within the next 21 hours.

NGC/USD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 15 days and may test it again within the next 3 days.

NAS100 is heading toward the resistance line of a Channel Up pattern and could reach it within the next 2 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]

ETHUSD has broken through 3109.2700, which it has tested many times before. We have also seen it retrace from this level. If this new trend persists, ETHUSD may be heading towards 3198.8130 within the next 2 days.

NAS100 is moving toward a level at 25705.0566, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If NAS100 continues on its current trajectory, we may see it move toward 25705.0566 […]

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 28 days and may test it again within the next 3 days.