Skip to content NAS100 is heading towards the support line of a Falling Wedge. If this movement continues, the price of NAS100 could test 20681.9942 within the next 10 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
The movement of S&P500 toward the resistance line of a Channel Down is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 3 days, but it is uncertain whether it will result in a breakout through this line or simply […]
The movement of XAUUSD towards the 4569.0298 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 […]
EURUSD is heading toward the support line of a Channel Down pattern and could reach it within the next 17 hours. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]
FTSE100 is about to retest a key horizontal resistance level near 10037.7598. It has tested this level 3 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.
An emerging Ascending Triangle pattern in its final wave has been identified on the XAGUSD 4 hour chart. After a strong bullish run, XAGUSD is heading toward the upper triangle trendline, with possible resistance at 74.5792. If the resistance holds, the Ascending Triangle pattern suggests a rebound toward current levels.
BTCUSD has broken through a resistance line of the Triangle chart pattern. If this breakout holds, we may see the price of BTCUSD test 68370.9975 within the next 2 days. But don’t rush to trade. It has tested this line before, so confirm the breakout before taking any action.
S&P500 is once again retesting a key horizontal support level at 6473.7402. This level has been tested 3 times recently and could see another bounce, as it did last time. However, after so many attempts, it may be ready to start a new trend.
