USDJPY is moving towards a resistance line. Because we have seen it retrace from this level in the past, we
An emerging Channel Up has been detected on XAUUSD on the 4 hour chart. There is a possible move towards 2766.1525 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
FTSE100 hits 8550.9 after a 6.06% move spanning 36 days.
The price of ETHUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
An emerging Channel Up has been detected on EURUSD on the 4 hour chart. There is a possible move towards 1.0554 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
A Rising Wedge pattern was identified on S&P500 at 6122.97, creating an expectation that it may move to the resistance line at 6174.0556. It may break through that line and continue the bullish trend or it may reverse from that line.
A strong support level has been identified at 3.7015 on the 1 hour NGC/USD chart. NGC/USD is likely to test it soon.
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