ETHUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for
BTCUSD is about to retest a key horizontal resistance level near 98976.5625. It has tested this level 7 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.
GBPJPY has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 192.1484 may materialize within the next 3 days.
The breakout of NGC/USD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of NGC/USD testing 2.8783 within the next 6 hours.
A strong support level has been identified at 8279.2002 on the 15 Minutes FTSE100 chart. FTSE100 is likely to test it soon.
XAGUSD has broken through a line of 30.8970 and suggests a possible movement to 31.5269 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
EURUSD is about to retest a key horizontal resistance level near 1.0538. It has tested this level 5 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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