EURUSD is approaching a resistance line at 1.1391. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
Skip to content EURUSD is approaching a resistance line at 1.1391. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
An unexpected large move occurred on XAUUSD 1 hour chart, starting at 3990.135 and reaching 4168.06. It stands out in recent trading activity.
NAS100 reached 24644.1037 after a 2.57% move spanning 3 days.
The breakout of GBPJPY through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of GBPJPY testing 200.8861 within the next 3 days.
BTCUSD is heading towards 111208.2891 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
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.