NGC/USD is heading toward the resistance line in a Pennant pattern. If this move continues, the price of NGC/USD could test 2.7707 within the next 6 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
USDJPY is moving toward a key resistance level at 159.3210. This level has been tested before for USDJPY. This may present a good trading opportunity either at the spot price or after a breakout through this level.
The last 5 30 Minutes candles on NAS100 have formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement toward the price level at 25512.7749.
BTCUSD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 12 days and may test it again within the next 3 days.
NGC/USD is moving toward a support line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If NGC/USD continues on its current trajectory, it could reach 2.4976 within the next 3 days.
ETHUSD is moving toward a level at 2235.7000, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If ETHUSD continues on its current trajectory, we may see it move toward 2235.7000 […]
GBPJPY 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 6 days and may test it again within the next 8 hours.
XAUUSD is moving toward a key support level at 4751.1050. This level has been tested before for XAUUSD. This may present a good trading opportunity either at the spot price or after a breakout through this level.
