Skip to content USDJPY is heading towards the support line of a Channel Up and could reach this point within the next 2
This trade setup on the S&P500 is formed by a period of consolidation. A period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 6043.8316.
GBPJPY is moving towards a key support level at 193.8120. This is a previously tested level for GBPJPY. This could be a good trading opportunity, either at the spot price, or after breaching this level.
XAUUSD is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 19 hours.
BTCUSD is about to retest a key horizontal support level near 99402.2109. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Ascending Triangle pattern identified on FTSE100 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues, with the price expected to reach 8339.3537 in the next 6.
The breakout of NGC/USD through the resistance line of an Inverse Head and Shoulders could be a sign of the road ahead. If this breakout persists, we may see the price of NGC/USD test 3.4024 within the next three days.
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