BRN/USD is en route to a very important line that will be a definite deciding factor of what is to
FTSE100 is once again retesting a key horizontal resistance level at 8791.4502. It has tested this level 3 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.
XAUUSD is heading towards the resistance line of a Channel Down. If this movement continues, the price of XAUUSD could test 2875.5631 within the next 5 hours. 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.
A strong resistance level has been identified at 130.9400 on the 30 Minutes LTCUSD chart. LTCUSD is likely to test it soon.
S&P500 is approaching the support line of a Channel Down. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 3 days.
NAS100 dropped sharply for 10 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in NAS100 there is a chance that we will witness a correction, no matter how brief.
XAGUSD is heading towards the support line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
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