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MARKET ANALYSIS

LTCUSD has formed a Ascending Triangle on the 4 hour chart. A retest of resistance is in sight.

LTCUSD is trapped in a Ascending Triangle formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new trend. This confluence could also create an ideal setup for swing traders looking for a potential bounce. Whatever happens, an initial move toward 54.8225 is expected in the short term.

ETHUSD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 3 days.

ETHUSD is moving toward a resistance 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 3 days and may test it again within the next 13 hours.

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There may be a significant move in XAUUSD following a breach of support.

XAUUSD has broken through the support line of a Rising Wedge technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days, suggesting a possible target level around 4700.4356 within […]

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XAGUSD has formed a Rising Wedge on the 1 hour chart. A retest of support is in sight.

XAGUSD 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 13 days and may test it again within the next 3 days.

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NAS100 breaks out of a Channel Down trade setup. Will it continue this trend and hit the target price?

NAS100 has broken through the resistance line of a Channel Down technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 17 days, which suggests a possible target around 24228.8492 within […]

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USDJPY has formed a Channel Down on the 1 hour chart. A retest of resistance is in sight.

An emerging Channel Down pattern in its final wave has been identified on the USDJPY 1 hour chart. After a strong bullish run, USDJPY is heading toward the upper triangle trendline, with possible resistance at 159.1271. If the resistance holds, the Channel Down pattern suggests a rebound toward current levels.

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GBPJPY broke through a resistance level at 2026-03-31T08:00:00.000Z, with price momentum expected to continue upward over the next few hours. This presents a good opportunity, with the price expected to reach 211.5479.

A breakout of GBPJPY through the resistance line of a Triangle could signal what’s ahead. If the breakout persists, we may see GBPJPY’s price test 211.5479 within the next 5 hours.

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After repeatedly testing the 4482.8999 level, XAUUSD is once again approaching it. Should we expect a bearish trend to follow?

XAUUSD is about to retest a key horizontal support level near 4482.8999. It has tested this level 3 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.

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