GBPJPY is heading toward the resistance line in a Rising Wedge pattern. If this move continues, the price of GBPJPY
FTSE100 is heading toward the resistance line of a Channel Up pattern and could reach it within the next 8 hours. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]
EURUSD has broken through a support line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 8 days, which suggests a possible target around 1.1740 within the next 8 hours.
BRN/USD is moving toward a support line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If BRN/USD continues on its current trajectory, it could reach 63.1494 within the next 12 hours.
A strong resistance level has been identified at 4881.5898 on the 15 Minutes XAUUSD chart. XAUUSD is likely to test this level soon.
ETHUSD is approaching a critical level that could be a key deciding factor for what comes next. We may see this trajectory continue to test and break through 2264.1799, unless it loses momentum and pulls back to current levels.
S&P500 recorded an exceptional 1.88% move over the last 14 hours. Whether you follow trends or look for reversals, this move is hard to ignore.
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