Skip to content USDJPY is moving towards a line of 146.9890 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDJPY continues in its current trajectory, we may see it move towards 146.9890 within the next 8 hours.
ETHUSD is approaching a critical level that could be a key deciding factor for what comes next. We may see this trajectory continue to test and break through 3597.8000, unless it loses momentum and pulls back to current levels.
BRN/USD is heading toward 64.3305 and could reach this level within the next 15 hours. It has tested this level numerous times in the past, and this time could be no different, ending in a rebound rather than a breakout. If a breakout does not occur, we may see a retracement back to current levels.
NAS100 has broken through a support line of the Rising Wedge chart pattern. If this breakout holds, we may see the price of NAS100 test 25629.1624 within the next 5 hours. But don’t rush to trade. It has tested this line before, so confirm the breakout before taking any action.
USDJPY has breached the resistance line at 154.4970. It may continue the bullish trend toward 155.1205, or it may be yet another test of this level.
Triangle pattern identified on GBPJPY 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 203.5249 in the next 6.
FTSE100 is moving toward a resistance 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 48 days and may test it again within the next 3 days.
The movement of BTCUSD towards the 98932.1328 price line is yet another test of a line it has reached numerous times in the past. We can expect this test to occur within the next 2 days, but it is uncertain whether it will result in a breakout through this line or simply rebound to current […]
