ETHUSD is about to retest a key horizontal resistance level near 2444.8401. It has tested this level 6 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Skip to content ETHUSD is about to retest a key horizontal resistance level near 2444.8401. It has tested this level 6 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
ETHUSD is about to retest a key horizontal resistance level near 2444.8401. It has tested this level 6 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
USDJPY is moving towards a key support level at 144.3275. This is a previously tested level for USDJPY. This could be a good trading opportunity, either at the spot price, or after breaching this level.
BTCUSD is heading towards the resistance line of a Channel Down. If this movement continues, the price of BTCUSD could test 103311.2990 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.
XAUUSD is heading towards the resistance line of a Triangle. If this movement continues, the price of XAUUSD could test 3378.0585 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.
EURUSD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
ETHUSD is moving towards a support 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 ETHUSD continues in its current trajectory, we could see it […]
XAGUSD has breached the support line at 35.9149. It may continue the bearish trend towards 35.4664, or, it may prove to be yet another test of this level.