Skip to content The breakout of BRN/USD through the 76.3575 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BRN/USD could test 77.5864 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
USDJPY has broken through a line of 145.4435. If this breakout holds true, we could see the price of USDJPY heading towards 147.3497 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any […]
Channel Down pattern identified on NAS100 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 22854.4524 in the next 16.
The movement of NGC/USD towards 3.4945 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
FTSE100 is heading towards the support line of a Channel Up. If this movement continues, the price of FTSE100 could test 8755.7898 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
The breakout of ETHUSD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of ETHUSD testing 2470.4852 within the next 2 days.
An emerging Rising Wedge has been detected on XAUUSD on the 4 hour chart. There is a possible move towards 3380.8507 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
EURUSD was identified at around 1.172335 having recently rebounded of the resistance on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Down pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 1.1620 level.
