A Channel Down pattern was identified on ETHUSD at 3253.31, creating an expectation that it may move to the support
FTSE100 has experienced an extremely big movement in last 29 days. It may continue the trend, but this would make the move unprecedented in the recent past.
An emerging Rising Wedge has been detected on USDJPY on the 15 Minutes chart. There is a possible move towards 156.6915 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
XAGUSD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 26 days. If it tests this line again, it should do so in the next 2 days.
The price of BTCUSD in heading back to the support 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.
NAS100 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If NAS100 continues in its current trajectory, we could see it […]
EURUSD is moving towards a key support level at 1.0248. This is a previously tested level for EURUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
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