Skip to content An emerging Falling Wedge pattern in its final wave has been identified on the XAGUSD 4 hour chart. After a strong bearish run, XAGUSD is heading toward the upper triangle trendline, with possible resistance at 71.6759. If the support holds, the Falling Wedge pattern suggests a rebound toward current levels.
An emerging Channel Up pattern in its final wave has been identified on the NAS100 4 hour chart. After a strong bullish run, NAS100 is heading toward the upper triangle trendline, with possible resistance at 28701.8878. If the resistance holds, the Channel Up pattern suggests a rebound toward current levels.
An emerging Falling Wedge pattern in its final wave has been identified on the XAGUSD 4 hour chart. After a strong bearish run, XAGUSD is heading toward the upper triangle trendline, with possible resistance at 71.6759. If the support holds, the Falling Wedge pattern suggests a rebound toward current levels.
XAUUSD is approaching the line at 4686.9048. If this move continues, the price of XAUUSD could test 4686.9048 within the next 5 hours. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.
EURUSD is moving toward a level at 1.1764, 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 EURUSD continues on its current trajectory, we may see it move toward 1.1764 […]
The price of S&P500 is heading toward 7189.4180. Despite the recent breakout through 7148.6401, it may struggle to gain momentum to reach the forecast price and could move back in the other direction. This has happened many times in the past, so watch for a possible bounce back.
A strong resistance level has been breached at 78030.2500 on the 1 hour BTCUSD chart. Technical analysis forecasts a move to 80087.0703 within the next 2 days.
FTSE100 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 FTSE100 continues on its current trajectory, it could reach 10266.8450 within the next 10 hours.
