NAS100 is heading towards the support line of a Falling Wedge. If this movement continues, the price of NAS100 could
Emerging Channel Down detected on XAGUSD – 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 32.041 and it is expected to move to 31.6519.
A movement of 7.84% over 2 days on BTCUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
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S&P500 has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 5 days and suggests a possible target level […]
BRN/USD is heading towards the support line of a Channel Up and could reach this point within the next 6 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, we […]
A Channel Down pattern was identified on USDJPY at 149.513, creating an expectation that it may move to the support line at 148.0098. It may break through that line and continue the bearish trend or it may reverse from that line.
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