FTSE100 reached 9451.85 after a 1.84% move spanning 2 days.
FTSE100 reached 9451.85 after a 1.84% move spanning 2 days.
BTCUSD is heading towards the support line of a Channel Up. If this movement continues, the price of BTCUSD could test 116828.2088 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.
FTSE100 reached 9451.85 after a 1.84% move spanning 2 days.
XAUUSD is trapped in a Channel Up 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 […]
LTCUSD has moved higher by 5.48% from 105.57 to 111.36 in the last 10 hours.
S&P500 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 6727.4789 may materialize within the next 2 days.
XAGUSD is moving towards a resistance line. Because we have seen it retrace from this line before, 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 14 days and may test it again within the next 2 days.
ETHUSD has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of ETHUSD testing 4351.7913 within the next 8 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]