Skip to content ETHUSD was identified at around 2452.05 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 2507.1869 level.
XAGUSD is moving towards a resistance 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 XAGUSD continues in its current trajectory, we could see it […]
NAS100 is heading towards the support line of a Channel Up and could reach this point within the next 15 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
The last 2 15 Minutes candles on BTCUSD formed a Falling Wedge pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 113259.1216.
NGC/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 7 days and suggests a possible target level to be around 2.7770 within the next 2 […]
USDJPY moved through the resistance line of a Ascending Triangle at 148.29476086956518 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 148.9053.
BRN/USD has broken through a resistance line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 67.2984 within the next 10 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
GBPJPY has moved higher by 0.69% from 199.708 to 201.095 in the last 22 hours.
