The movement of ETHUSD towards the resistance line of a Rising Wedge is yet another test of the line it
XAUUSD is moving towards a key resistance level at 2674.3601. XAUUSD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
BTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 7 days and may test it again within the next […]
Emerging Rising Wedge detected on USDJPY – 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 149.086 and it is expected to move to 150.0222.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.76% move on EURUSD. The movement has happened over the last 17 days. For those trend followers among you, you may think about riding this possible trend.
FTSE100 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 8323.5000, unless it runs out of momentum and pulls back to current levels.
XAUUSD is moving towards a key resistance level at 2654.0200. This is a previously tested level for XAUUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
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