A strong resistance level has been breached at 2.9135 on the 30 Minutes NGC/USD chart. Technical Analysis theory forecasts a movement to 2.9634 in the next 7 hours.
Skip to content A strong resistance level has been breached at 2.9135 on the 30 Minutes NGC/USD chart. Technical Analysis theory forecasts a movement to 2.9634 in the next 7 hours.
FTSE100 hits 8550.9 after a 6.06% move spanning 36 days.
An emerging Channel Up has been detected on XAUUSD on the 4 hour chart. There is a possible move towards 2766.1525 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.
An emerging Channel Up has been detected on EURUSD on the 4 hour chart. There is a possible move towards 1.0554 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels.
The price of ETHUSD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
A Rising Wedge pattern was identified on S&P500 at 6122.97, creating an expectation that it may move to the resistance line at 6174.0556. It may break through that line and continue the bullish trend or it may reverse from that line.
A strong support level has been identified at 3.7015 on the 1 hour NGC/USD chart. NGC/USD is likely to test it soon.
Emerging Ascending Triangle detected on XAGUSD – 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 30.495 and it is expected to move to 30.9365.