ETHUSD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see
XAUUSD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 4144.3652, unless it runs out of momentum and pulls back to current levels.
FTSE100 has broken through a support line of a Channel Up and suggests a possible movement to 9684.9809 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 […]
BRN/USD is heading towards a line of 63.7660. If this movement continues, the price of BRN/USD could test 63.7660 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
GBPJPY has broken through 201.9750 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, GBPJPY may be heading towards 202.5424 within the next 9 hours.
The movement of LTCUSD towards 95.7300 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.
XAGUSD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 46.8128, unless it runs out of momentum and pulls back to current levels.
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