NGC/USD has broken through a support line. It has touched this line at least twice in the last 21 days.
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BRN/USD experienced an extremely large move that lasted 17. This movement is in the 5.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement.
GBPJPY has broken through the resistance line of a Ascending 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 12 days and suggests a possible target level […]
BTCUSD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.
The price of FTSE100 in heading back to the resistance 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 Down has been detected on EURUSD on the 4 hour chart. There is a possible move towards 1.0867 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
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