FTSE100 has moved higher by 14.44% from 7677.0 to 8785.56 in the last 52 days.
FTSE100 has moved higher by 14.44% from 7677.0 to 8785.56 in the last 52 days.
A strong resistance level has been breached at 21178.3555 on the 1 hour NAS100 chart. Technical Analysis theory forecasts a movement to 21282.5684 in the next 8 hours.
EURUSD is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
The breakout of S&P500 through the 5861.2402 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, S&P500 could test 5884.4248 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
An emerging Rising Wedge has been detected on XAGUSD on the 4 hour chart. There is a possible move towards 33.9280 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
FTSE100 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of FTSE100 testing 8580.9758 within the next 8 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 […]
GBPJPY is moving towards a support 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 10 days and may test it again within the next 2 days.
ETHUSD is heading towards a line of 2439.7800. If this movement continues, the price of ETHUSD could test 2439.7800 within the next 19 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.