BRN/USD is moving toward a support line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 16 days and may test it again within the next 3 days.
A Triangle pattern was identified for LTCUSD at 55.57, suggesting it may move toward the resistance line at 56.2264. It may break through that line and continue the bullish trend, or reverse from it.
XAUUSD has broken through a support line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 9 days, which suggests a possible target around 4977.4375 within the next 2 days.
XAGUSD has broken through a line at 83.5743. If this breakout holds, we could see the price of XAGUSD move toward 79.6348 within the next 2 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
FTSE100 is approaching a resistance line at 10363.5498. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may return to current levels.
BTCUSD is once again retesting a key horizontal resistance level at 71902.8125. This level has been tested 3 times recently and could see another bounce, as it did last time. However, after so many attempts, it may be ready to start a new trend.
A Falling Wedge pattern was identified for EURUSD at 1.15112, suggesting it may move toward the support line at 1.1477. It may break through that line and continue the bearish trend, or reverse from it.
BRN/USD has moved higher by 35.87% from 67.5235 to 91.745 in the last 23 days.
