Skip to content The price of BRN/USD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
XAGUSD 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 13 days and may test it again within the next 3 days.
GBPJPY 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 3 days and may test it again within the next 13 hours.
S&P500 has broken through the support line of a Channel Up 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 13 days, suggesting a possible target level around 6876.2009 within […]
An emerging Rising Wedge pattern in its final wave has been identified on the XAUUSD 1 hour chart. After a strong bullish run, XAUUSD is heading toward the upper triangle trendline, with possible resistance at 4651.5630. If the resistance holds, the Rising Wedge pattern suggests a rebound toward current levels.
An emerging Rising Wedge pattern in its final wave has been identified on the ETHUSD 1 hour chart. After a strong bullish run, ETHUSD is heading toward the upper triangle trendline, with possible resistance at 3530.3131. If the resistance holds, the Rising Wedge pattern suggests a rebound toward current levels.
EURUSD 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 1.1677 within the next 17 hours.
FTSE100 was identified around 10172.6 after recently rebounding off the support on the 30 Minutes interval. Ultimately, the stock’s price action has formed a Channel Up pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 10415.5831.
