EURUSD has experienced an extremely big movement in last 28 days. It may continue the trend, but this would make
The movement of FTSE100 towards the support line of a Head and Shoulders 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 […]
ETHUSD has breached the support line at 2599.1299. It may continue the bearish trend towards 2521.4390, or, it may prove to be yet another test of this level.
USDJPY rose sharply for 23 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in USDJPY there is a chance that we will witness a correction, no matter how brief.
Emerging Rising Wedge detected on XAGUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 34.753 and it is expected to move to 35.3835.
NGC/USD has breached the resistance line at 2.3385. It may continue the bullish trend towards 2.3711, or, it may prove to be yet another test of this level.
The price of NAS100 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.
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