BTCUSD is heading towards a line of 66698.7188. If this movement continues, the price of BTCUSD could test 66698.7188 within
XAUUSD has broken through a resistance line of a Triangle and suggests a possible movement to 2745.3600 within the next 6 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 back […]
Emerging Channel Up detected on GBPJPY – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 195.61 and it is expected to move to 195.2762.
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You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 2598.9589 but consider reducing the size of your position as the price gets […]
Descending Triangle pattern identified on FTSE100 has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 8289.2557 in the next 13.
EURUSD has moved lower by 2.82% from 1.11299 to 1.08155 in the last 28 days.
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