An emerging Rising Wedge has been detected on BRN/USD on the 4 hour chart. There is a possible move towards
NAS100 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next […]
BTCUSD has broken through a line of 84760.9766. If this breakout holds true, we could see the price of BTCUSD heading towards 87253.0938 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any […]
The movement of USDJPY towards the resistance line of a Channel Up 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 […]
Those of you that are trend followers are probably eagerly watching EURUSD to see if its latest 5.16% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 21 days move.
BRN/USD is moving towards a key support level at 71.0305. BRN/USD has previously tested this level 6 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
A strong support level has been identified at 1870.4301 on the 30 Minutes ETHUSD chart. ETHUSD is likely to test it soon.
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