Skip to content EURUSD is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If EURUSD continues on its current trajectory, it could reach 1.1922 within the next 9 hours.
An emerging Inverse Head and Shoulders has been detected on NAS100. The pattern has not yet broken through support, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 25632.8793, and it is expected to move to 25684.9496.
S&P500 is trapped in a Channel Up formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
ETHUSD 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 5 days and may test it again within the next 2 days.
An emerging Channel Up has been detected on XAUUSD. The pattern has not yet broken through resistance, but the price is expected to move up over the next few hours. At the time the pattern was found, the price was 5052.465, and it is expected to move to 5033.3575.
The movement of FTSE100 toward the support line of a Triangle is yet another test of the line it has reached numerous times in the past. This test of the line could occur within the next 2 days, but it is uncertain whether it will result in a breakout through this line or simply rebound […]
