Skip to content FTSE100 rose sharply for day – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in FTSE100 there is a chance that we will witness a correction, no matter how brief.
FTSE100 has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 8082.5134 within the next 9 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
S&P500 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of S&P500 could test 6000.0988 within the next 7 hours. 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.
XAGUSD is moving towards a key support level at 29.3610. This is a previously tested level for XAGUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
An emerging Rising Wedge has been detected on LTCUSD on the 30 Minutes chart. There is a possible move towards 108.5753 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
EURUSD is moving towards a key support level at 1.0343. This is a previously tested level for EURUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
XAUUSD 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 8 days and may test it again within the next 2 days.
A strong resistance level has been identified at 21478.1777 on the 15 Minutes NAS100 chart. NAS100 is likely to test it soon.
