BTCUSD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we
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.
ETHUSD is once again retesting a key horizontal support level at 2389.8601. It has tested this level 5 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.
BRN/USD is approaching a resistance line at 80.3550. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
Autochartist provides an extensive analytics toolset with features to take your trading to the next level. Empower your day-to-day trading decisions with an unrivalled breadth and depth of analysis driven by advanced algorithms, powerful big-data technology, and user-friendly trading tools.
