An unexpected large move has occurred on USDJPY 1 hour chart beginning at 154.038 and ending at 151.829. Is this
The breakout of BRN/USD through the support line of a Head and Shoulders could be a sign of the road ahead. If this breakout persists, we may see the price of BRN/USD testing 71.8954 within the next 2 days.
The movement of XAUUSD towards 2636.5100 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.
An emerging Channel Down has been detected on EURUSD on the 4 hour chart. There is a possible move towards 1.0236 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
BTCUSD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of BTCUSD testing 91859.7067 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
You may have heard about the “blue-collar boom” recently popping up in various online discussions, including a segment on the All-In Podcast that really caught my attention. It got me thinking about the potential impact of this trend on traders and the financial markets. But what exactly is this blue-collar boom? Simply put, it refers […]
The price of USDJPY 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.
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