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MARKET ANALYSIS

A strong support level has been identified at 1870.4301 on the 30 Minutes ETHUSD chart. ETHUSD is likely to test it soon.

BRN/USD is moving towards a key support level at 71.0305. BRN/USD has previously tested this level 6 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

A strong support level has been identified at 1870.4301 on the 30 Minutes ETHUSD chart. ETHUSD is likely to test it soon.

The last 7 30 Minutes candles on XAUUSD formed a Head and Shoulders pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 3019.2536.

BTCUSD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.

FTSE100 is about to retest a key horizontal resistance level near 8738.9004. It has tested this level 5 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.

NAS100 is moving towards a support line. Because we have seen it retrace from this level in the past, 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 9 days and may test it again within the next […]

A strong resistance level has been identified at 33.8989 on the 30 Minutes XAGUSD chart. XAGUSD is likely to test it soon.