Skip to content EURUSD dropped sharply for 4 hours – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in EURUSD there is a chance that we will witness a correction, no matter how brief.
S&P500 is approaching a resistance line at 5980.4600. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
XAUUSD is approaching a resistance line at 2629.6499. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
A strong resistance level has been identified at 1.0447 on the 30 Minutes EURUSD chart. EURUSD is likely to test it soon.
ETHUSD is moving towards a key resistance level at 3461.5200. ETHUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
GBPJPY has moved lower by 1.36% from 198.688 to 195.993 in the last 23 hours.
FTSE100 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 12 days and may test it again within the next […]
NGC/USD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of NGC/USD testing 3.9500 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
