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NAS100 is moving toward a resistance 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 6 days and may test it again within the next 15 hours.
S&P500 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 15 days and may test it again within the next 3 days.
XAGUSD is approaching the line at 51.3712. If this move continues, the price of XAGUSD could test 51.3712 within the next 2 days. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.
EURUSD is moving toward a level at 1.1542, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If EURUSD continues on its current trajectory, we may see it move toward 1.1542 […]
LTCUSD has broken through a resistance line of the Falling Wedge chart pattern. If this breakout holds, we may see the price of LTCUSD test 86.8634 within the next 3 days. But don’t rush to trade. It has tested this line before, so confirm the breakout before taking any action.
