BRN/USD has broken through a resistance line. It has touched this line at least twice in the last 5 days.
GBPJPY has moved higher by 0.69% from 199.708 to 201.095 in the last 22 hours.
ETHUSD is heading towards the resistance line of a Triangle. If this movement continues, the price of ETHUSD could test 4522.5238 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
FTSE100 is moving towards a key support level at 9189.7500. This is a previously tested level for FTSE100. This could be a good trading opportunity, either at the spot price, or after breaching this level.
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 198.9799 but consider reducing the size of your position as the price gets […]
FTSE100 recorded an exceptional 1.31% move over the last 5 days. Whether you follow trends or look for reversals, this move is hard to ignore.
XAGUSD has moved lower by 3.1% from 42.6259 to 41.3065 in the last 13 hours.
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