BTCUSD was identified at around 87818.33 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 84370.5690 level.
USDJPY is heading towards the resistance line of a Channel Down and could reach this point within the next 3 days. 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, we […]
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.
