A strong support level has been breached at 1.1805 on the 1 hour EURUSD chart. Technical analysis forecasts a move to 1.1745 within the next 2 days.
A strong support level has been breached at 1.1805 on the 1 hour EURUSD chart. Technical analysis forecasts a move to 1.1745 within the next 2 days.
The price of XAGUSD is heading back toward the support area. It may struggle to break through and could reverse direction. The price may eventually break through, but it typically retreats from the level several times before doing so.
BTCUSD is heading toward the support line in a Channel Up pattern. If this move continues, the price of BTCUSD could test 69215.7152 within the next 3 days. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
A strong resistance level has been breached at 54.8800 on the 4 hour LTCUSD chart. Technical analysis forecasts a move to 56.3910 within the next 2 days.
S&P500 just posted a 3.53% move over the past 18 hours—a move unlikely to go unnoticed by any trading style.
XAUUSD is trapped in a Channel Up formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
The movement of EURUSD toward the resistance line of a Ascending Triangle 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 breakout of NAS100 through the 24267.3945 price line is a breach of an important psychological price level that it has tested numerous times in the past. If this breakout persists, NAS100 could test 24877.7734 within the next 4 days. One should always be cautious before placing a trade and wait for confirmation of the […]