NGC/USD has moved lower by 45.95% from 5.686 to 3.0735 in the last 22 days.
NGC/USD has moved lower by 45.95% from 5.686 to 3.0735 in the last 22 days.
The price of GBPJPY is heading back toward the support area. It may struggle to break through and could reverse direction. The price may eventually break through, but it typically retreats from the level several times before doing so.
A Triangle pattern was identified for LTCUSD at 55.57, suggesting it may move toward the resistance line at 56.2264. It may break through that line and continue the bullish trend, or reverse from it.
XAUUSD has broken through a support line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 9 days, which suggests a possible target around 4977.4375 within the next 2 days.
XAGUSD has broken through a line at 83.5743. If this breakout holds, we could see the price of XAGUSD move toward 79.6348 within the next 2 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
FTSE100 is approaching a resistance line at 10363.5498. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may return to current levels.
BTCUSD is once again retesting a key horizontal resistance level at 71902.8125. This level has been tested 3 times recently and could see another bounce, as it did last time. However, after so many attempts, it may be ready to start a new trend.
A Falling Wedge pattern was identified for EURUSD at 1.15112, suggesting it may move toward the support line at 1.1477. It may break through that line and continue the bearish trend, or reverse from it.