The breakout of XAUUSD through the 2563.2200 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, XAUUSD could test 2548.6360 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
The price of BRN/USD in heading back to the support area. It is possible that it will struggle to break
The breakout of FTSE100 through the resistance line of a Falling Wedge could be a sign of the road ahead.
XAGUSD was identified at around 30.434 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the
S&P500 is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for
GBPJPY is heading towards 197.9010 and could reach this point within the next 2 days. It has tested this line
ETHUSD rose sharply for 8 days – which is an excessively big movement for this instrument; exceeding the 98% of
Trend followers are probably eagerly watching EURUSD to see if its latest 5 consecutive candles continues. If not, the mean-reversion
