ETHUSD is moving towards a key support level at 2588.6499. This is a previously tested level for ETHUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
Skip to content ETHUSD is moving towards a key support level at 2588.6499. This is a previously tested level for ETHUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
NGC/USD has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 7 days and suggests a possible target level […]
EURUSD is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. 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 movement of XAGUSD towards 48.7532 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
A Channel Down pattern was identified on GBPJPY at 202.397, creating an expectation that it may move to the support line at 201.5819. It may break through that line and continue the bearish trend or it may reverse from that line.
S&P500 experienced an extremely large move that lasted 7. This ranks in the 97.0 percentile and is considered uncommon based on recent price data.
LTCUSD has broken through a resistance line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 104.4462 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
EURUSD is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. 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 […]