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After testing the resistance line numerous times, LTCUSD is once again approaching this line. Can we expect a bullish trend to follow?

LTCUSD is heading towards the resistance line of a Channel Up. If this movement continues, the price of LTCUSD could

If EURUSD touches 1.1296 it may be time to take action.

EURUSD is about to retest a key horizontal support level near 1.1296. 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.

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GBPJPY is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.

GBPJPY is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If GBPJPY continues in its current trajectory, we could see it […]

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Important price line breached by NAS100. This price has been tested numerous times before.

NAS100 has broken through a line of 19115.4219. If this breakout holds true, we could see the price of NAS100 heading towards 19637.4531 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 […]

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XAUUSD seems to be on its way to resistance – a possible opportunity?

XAUUSD is about to retest a key horizontal resistance level near 3367.6699. 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.

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ETHUSD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

ETHUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If ETHUSD continues in its current trajectory, we could see it […]

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S&P500 moves lower to 5181.62 in the last 14 days.

S&P500 dropped sharply for 13 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 S&P500 there is a chance that we will witness a correction, no matter how brief.

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