An emerging Ascending Triangle has been detected on GBPJPY on the 4 hour chart. There is a possible move towards 195.4262 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
Skip to content An emerging Ascending Triangle has been detected on GBPJPY on the 4 hour chart. There is a possible move towards 195.4262 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
NGC/USD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 3.9805, unless it runs out of momentum and pulls back to current levels.
ETHUSD is moving towards a key resistance level at 3325.8999. ETHUSD has previously tested this level 5 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
BRN/USD moved through the support line of a Triangle at 81.1311953125 on the 30 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 79.8558.
After posting 5 consecutive bearish candles in 5 days, you may start considering where EURUSD is heading next, a continuation of the current downward trend, or a reversal in the previous direction.
NAS100 moved through the support line of a Triangle at 20999.441970689655 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 20416.3998.
The breakout of XAGUSD through the 30.2360 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, XAGUSD could test 29.9454 within the next 10 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
GBPJPY has experienced an extremely big movement in last 3 days. It may continue the trend, but this would make the move unprecedented in the recent past.