GBPJPY recorded an exceptional 1.21% move over the last 4 days. Whether you follow trends or look for reversals, this move is hard to ignore.
Skip to content GBPJPY recorded an exceptional 1.21% move over the last 4 days. Whether you follow trends or look for reversals, this move is hard to ignore.
NGC/USD is moving toward a resistance line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 13 days and may test it again within the next 2 days.
EURUSD is trapped in a Channel Down formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a resistance line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
NAS100 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 4 days. This suggests a possible target around 26818.9688 within the next 9 hours.
The breakout of USDJPY through the 158.9740 price line is a breach of an important psychological price level that it has tested numerous times in the past. If this breakout persists, USDJPY could test 159.7179 within the next 15 hours. One should always be cautious before placing a trade and wait for confirmation of the […]
BRN/USD has broken through the support line of a Triangle technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 5 days, which suggests a possible target around 92.8832 within the […]
BTCUSD has broken through a level at 76393.5781, suggesting a possible move to 78263.2656 within the next 2 days. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]
FTSE100 is moving toward a level at 10580.7305, 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 FTSE100 continues on its current trajectory, we may see it move toward 10580.7305 […]