GBPJPY is approaching the support line of a Channel Down. 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 6 hours.
GBPJPY is approaching the support line of a Channel Down. 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 6 hours.
ETHUSD is moving towards a key resistance level at 3461.5200. ETHUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
GBPJPY has moved lower by 1.36% from 198.688 to 195.993 in the last 23 hours.
FTSE100 is moving towards a support line. Because we have seen it retrace from this level in the past, 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 12 days and may test it again within the next […]
NGC/USD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of NGC/USD testing 3.9500 within the next 6 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 […]
BTCUSD has broken through the support 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 89005.9731 may materialize within the next 3 days.
An emerging Falling Wedge has been detected on NAS100 on the 1 hour chart. There is a possible move towards 20931.2182 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
FTSE100 is about to retest a key horizontal support level near 8077.4800. It has tested this level 7 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.