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ETHUSD 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 movement of XAUUSD towards 3034.4446 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
FTSE100 is moving towards a key support level at 8608.7002. FTSE100 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?
XAGUSD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 5 hours.
NGC/USD has broken through the resistance line of a 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 6 days and suggests a possible target level to […]
An emerging Rising Wedge has been detected on BRN/USD on the 4 hour chart. There is a possible move towards 72.7340 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
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