BRN/USD is heading towards a line of 73.5805. If this movement continues, the price of BRN/USD could test 73.5805 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
FTSE100 is about to retest a key horizontal resistance level near 8336.7998. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
GBPJPY is approaching the resistance line of a Rectangle. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 3 days.
BTCUSD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 12 days and may test it again within the next 3 days.
USDJPY is moving towards a line of 158.0850 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 […]
S&P500 is approaching a resistance line at 5980.4600. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
XAUUSD is approaching a resistance line at 2629.6499. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
A strong resistance level has been identified at 1.0447 on the 30 Minutes EURUSD chart. EURUSD is likely to test it soon.
