NAS100 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 7 days and may test it again within the next 20 hours.
The price of NGC/USD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
The last 8 4 hour candles on LTCUSD formed a Channel Down pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 112.5297.
GBPJPY is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 6 hours.
NAS100 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 7 days and may test it again within the next 20 hours.
BTCUSD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 3 days and suggests a possible target level to be around 110936.6094 within the next 8 […]
S&P500 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 14 days and may test it again within the next […]
A Channel Down pattern was identified on BRN/USD at 67.9195, creating an expectation that it may move to the resistance line at 68.1912. It may break through that line and continue the bullish trend or it may reverse from that line.
