GBPJPY is once again retesting a key horizontal resistance level at 198.0620. It has tested this level 3 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.
ETHUSD rose sharply for 8 days – which is an excessively big movement for this instrument; exceeding the 98% of
Trend followers are probably eagerly watching EURUSD to see if its latest 5 consecutive candles continues. If not, the mean-reversion
NAS100 is moving towards a line of 21139.4063 which it has tested numerous times in the past. We have seen
BTCUSD has broken through a line of 86996.5234. If this breakout holds true, we could see the price of BTCUSD
USDJPY is moving towards a support line. Because we have seen it retrace from this line before, we could see
BRN/USD is moving towards a support line. Because we have seen it retrace from this line before, we could see
Trend followers are probably eagerly watching FTSE100 to see if its latest 4 consecutive candles continues. If not, the mean-reversion
