USDJPY 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 6 days and may test it again within the next 15 hours.
NAS100 has broken through a resistance line. It has touched this line numerous times in the last 16 days. This breakout shows a potential move to 25746.3457 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
XAGUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If XAGUSD continues in its current trajectory, we could see it […]
NAS100 is approaching a resistance line at 25217.5801. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
EURUSD is moving towards a key resistance level at 1.1625. EURUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
ETHUSD was identified at around 3898.53 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 4023.3311 level.
USDJPY has broken through a line of 152.1690 and suggests a possible movement to 153.5127 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
NGC/USD recorded a considerable move in the last 3 days — one of its biggest in recent sessions.
