The price of XAGUSD is heading back toward the support area. It may struggle to break through and could reverse
BTCUSD is heading toward the support line in a Channel Up pattern. If this move continues, the price of BTCUSD could test 69215.7152 within the next 3 days. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
A strong resistance level has been breached at 54.8800 on the 4 hour LTCUSD chart. Technical analysis forecasts a move to 56.3910 within the next 2 days.
S&P500 just posted a 3.53% move over the past 18 hours—a move unlikely to go unnoticed by any trading style.
XAUUSD is trapped in a Channel Up formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
The movement of EURUSD toward the resistance line of a Ascending Triangle is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 3 days, but it is uncertain whether it will result in a breakout through this line or simply […]
The breakout of NAS100 through the 24267.3945 price line is a breach of an important psychological price level that it has tested numerous times in the past. If this breakout persists, NAS100 could test 24877.7734 within the next 4 days. One should always be cautious before placing a trade and wait for confirmation of the […]
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