BTCUSD is moving towards a support line. Because we have seen it retrace from this line before, we could see
The price of FTSE100 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
An emerging Channel Down has been detected on EURUSD on the 4 hour chart. There is a possible move towards 1.0867 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
An emerging Ascending Triangle has been detected on GBPJPY on the 4 hour chart. There is a possible move towards 195.4262 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
A Rising Wedge pattern was identified on NAS100 at 20296.546, creating an expectation that it may move to the resistance line at 20501.3524. It may break through that line and continue the bullish trend or it may reverse from that line.
The movement of ETHUSD towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could 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 […]
XAUUSD is moving towards a key resistance level at 2674.3601. XAUUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
Autochartist provides an extensive analytics toolset with features to take your trading to the next level. Empower your day-to-day trading decisions with an unrivalled breadth and depth of analysis driven by advanced algorithms, powerful big-data technology, and user-friendly trading tools.
