Trend followers are probably eagerly watching BRN/USD to see if its latest 4 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 5 day move.
Skip to content Trend followers are probably eagerly watching BRN/USD to see if its latest 4 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 5 day move.
EURUSD hits 1.06262 after a 1.36% move spanning 17 hours.
BTCUSD is heading towards the resistance line of a Triangle. If this movement continues, the price of BTCUSD could test 93912.1225 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
XAUUSD is moving towards a resistance 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 XAUUSD continues in its current trajectory, we could see it […]
GBPJPY is heading towards the support line of a Head and Shoulders and could reach this point within the next 14 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, […]
NAS100 has moved lower by 7.68% from 22178.648 to 20475.6143 in the last 15 days.
LTCUSD has moved lower by 17.97% from 127.08 to 104.25 in the last 2 days.
XAGUSD is moving towards a line of 31.8910 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If XAGUSD continues in its current trajectory, we […]