XAUUSD is moving towards a key support level at 2619.6101. XAUUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
BRN/USD has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 71.4973 within the next 18 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
ETHUSD is heading towards the support line of a Channel Up. If this movement continues, the price of ETHUSD could test 3670.8491 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.
FTSE100 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 15 days and may test it again within the next 3 days.
By Hein van Eeden, Senior Dev @ Autochartist.com.In the beginning of 2010’s Autochartist decided to integrate our Technical Analysis Chart
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