Skip to content Emerging Rising Wedge detected on USDJPY – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 149.086 and it is expected to move to 150.0222.
EURUSD has broken through a level at 1.1615, suggesting a possible move to 1.1675 within the next 4 days. It has tested this level numerous times in the past, so you should wait for confirmation of this breakout before taking any action. If the breakout does not confirm, we could see a retracement back to […]
S&P500 is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 14 days and may test it again within the next 3 days.
After posting 4 consecutive bullish candles over 4 days, consider where XAGUSD may be headed next: a continuation of the current upward trend or a reversal.
USDJPY is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 18 days and may test it again within the next 2 days.
GBPJPY is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If GBPJPY continues on its current trajectory, it could reach 207.5227 within the next 2 days.
The movement of BRN/USD towards the 62.1120 price line is yet another test of a line it has reached numerous times in the past. We can expect this test to occur within the next 2 days, but it is uncertain whether it will result in a breakout through this line or simply rebound to current […]
BTCUSD is moving toward a level at 90651.3125, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If BTCUSD continues on its current trajectory, we may see it move toward 90651.3125 […]
