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MARKET ANALYSIS

FTSE100 is signaling a possible trend reversal on the intraday charts with price not breaching resistance.

FTSE100 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 of a new trend. It may also be that this convergence factor may result in the ideal setup for swing traders that are on the lookout for a possible bounce-back. Whatever happens, an initial move towards 8712.7766 is expected in the short term.

Important resistance line being approached by GBPJPY. This price has been tested numerous time in the last 9 days

GBPJPY is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.

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A Channel Down has formed, XAUUSD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

The movement of XAUUSD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]

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EURUSD – approaching a price line that has been previously tested numerous times in the past

A strong resistance level has been identified at 1.1450 on the 30 Minutes EURUSD chart. EURUSD is likely to test it soon.

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A possible move on S&P500 as it heads towards resistance

S&P500 is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 7 hours.

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LTCUSD broke through a support at 2025-06-11T11:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 89.7994.

This trade setup on LTCUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 89.7994.

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NGC/USD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

NGC/USD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 7 hours.

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BRN/USD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 5 days.

BRN/USD 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 BRN/USD continues in its current trajectory, we could see it […]

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