NAS100 posted 5 consecutive candles over the last 20 hours — an unusually large movement.
NAS100 posted 5 consecutive candles over the last 20 hours — an unusually large movement.
NAS100 posted 5 consecutive candles over the last 20 hours — an unusually large movement.
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 3 days.
LTCUSD is approaching a support line at 115.4200. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels.
NGC/USD is heading towards a line of 2.7230. If this movement continues, the price of NGC/USD could test 2.7230 within the next 14 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.
S&P500 is approaching a resistance line at 6411.0698. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
BTCUSD is approaching a resistance line at 113610.0234. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels.
XAUUSD is heading towards the support line of a Channel Down. If this movement continues, the price of XAUUSD could test 3300.9507 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.