Skip to content BTCUSD 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 BTCUSD continues in its current trajectory, we could see it reach 112106.7449 within the next 8 hours.
XAGUSD is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 46.8128, unless it runs out of momentum and pulls back to current levels.
A strong resistance level has been breached at 152.6145 on the 1 hour USDJPY chart. Technical Analysis theory forecasts a movement to 153.9097 in the next 3 days.
BTCUSD 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 BTCUSD continues in its current trajectory, we could see it […]
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 4064.8398 but consider reducing the size of your position as the price gets […]
NAS100 is heading towards the resistance line of a Channel Up. If this movement continues, the price of NAS100 could test 26318.9633 within the next 9 hours. 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.
EURUSD is heading towards the resistance line of a Channel Up. If this movement continues, the price of EURUSD could test 1.1683 within the next 2 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.
Emerging Channel Up detected on BTCUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 113855.65 and it is expected to move to 111185.6932.
