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Because USDJPY formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

USDJPY is heading towards the resistance line of a Channel Down and could reach this point within the next 3

EURUSD moves higher to 1.06262 in the last 17 hours.

EURUSD hits 1.06262 after a 1.36% move spanning 17 hours.

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

BTCUSD is heading towards the resistance line of a Triangle. If this movement continues, the price of BTCUSD could test 93912.1225 within the next 3 days. 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.

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Because XAUUSD formed a Inverse Head and Shoulders pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

XAUUSD 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 XAUUSD continues in its current trajectory, we could see it […]

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A Head and Shoulders has formed, GBPJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

GBPJPY is heading towards the support line of a Head and Shoulders and could reach this point within the next 14 hours. 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, […]

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Extreme movement experienced on NAS100. Check this chart to see what to do next

NAS100 has moved lower by 7.68% from 22178.648 to 20475.6143 in the last 15 days.

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After experiencing a 17.97% bearish move in the space of 2 days, nobody knows where LTCUSD is headed.

LTCUSD has moved lower by 17.97% from 127.08 to 104.25 in the last 2 days.

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