You would be well advised to confirm the breakout that has just occurred – do you believe the move through
The movement of XAUUSD towards 2617.9399 price line is yet another test of the line it reached numerous times in the past. We could expect this test to 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 current lines.
The movement of FTSE100 towards the support line of a Descending Triangle is yet another test of the line it reached numerous times in the past. This line test could happen in the next 5 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
NGC/USD has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 3.1022 within the next 17 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
BTCUSD has broken through the resistance line of a Triangle 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 23 hours and suggests a possible target level to […]
An unexpected large move has occurred on USDJPY 1 hour chart beginning at 154.038 and ending at 151.829. Is this a sign of something new? What can we expect in the future?
The breakout of BRN/USD through the support line of a Head and Shoulders could be a sign of the road ahead. If this breakout persists, we may see the price of BRN/USD testing 71.8954 within the next 2 days.
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