NAS100 has broken through a line of 19115.4219. If this breakout holds true, we could see the price of NAS100
XAUUSD is about to retest a key horizontal resistance level near 3367.6699. It has tested this level 3 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.
ETHUSD 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 ETHUSD continues in its current trajectory, we could see it […]
S&P500 dropped sharply for 13 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in S&P500 there is a chance that we will witness a correction, no matter how brief.
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 33.8852 but consider reducing the size of your position as the price gets […]
LTCUSD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
Emerging Falling Wedge pattern in its final wave was identified on the XAUUSD 15 Minutes chart. After a strong bearish run, we find XAUUSD heading towards the upper triangle line with a possible resistance at 3271.7274. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
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