XAUUSD is about to retest a key horizontal resistance level near 2927.9099. It has tested this level 5 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.
Skip to content XAUUSD is about to retest a key horizontal resistance level near 2927.9099. It has tested this level 5 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.
NAS100 is moving towards a support line. Because we have seen it retrace from this level in the past, 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 2 days and may test it again within the next […]
The breakout of BTCUSD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of BTCUSD testing 96059.5618 within the next 9 hours.
A Rising Wedge pattern was identified on NGC/USD at 3.4205, creating an expectation that it may move to the resistance line at 3.5750. It may break through that line and continue the bullish trend or it may reverse from that line.
ETHUSD has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 8 days and suggests a possible target level […]
USDJPY hits 145.5395 after a 2.04% move spanning 2 days.
FTSE100 has moved higher by 10.3% from 7677.0 to 8468.08 in the last 24 days.
XAUUSD has breached the support line at 3260.0820. It may continue the bearish trend towards 3198.8701, or, it may prove to be yet another test of this level.