Tariffs on, tariffs off! Do you understand the potential impact of tariffs on retail trading? The daily stress of
XAUUSD has broken through a resistance line of a Falling Wedge and suggests a possible movement to 3058.6232 within the next 7 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
Those of you that are trend followers are probably eagerly watching ETHUSD to see if its latest 24.11% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 days move.
An emerging Channel Down has been detected on GBPJPY on the 30 Minutes chart. There is a possible move towards 185.4714 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
FTSE100 has experienced an extremely big movement in last 2 days. It may continue the trend, but this would make the move unprecedented in the recent past.
NGC/USD is once again retesting a key horizontal support level at 3.8940. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Those of you that are trend followers are probably eagerly watching LTCUSD to see if its latest 14.14% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 20 hours move.
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