A Rising Wedge pattern was identified on S&P500 at 6088.13, creating an expectation that it may move to the resistance line at 6113.5116. It may break through that line and continue the bullish trend or it may reverse from that line.
A Rising Wedge pattern was identified on S&P500 at 6088.13, creating an expectation that it may move to the resistance line at 6113.5116. It may break through that line and continue the bullish trend or it may reverse from that line.
ETHUSD is heading toward 1960.8500 and could reach this level within the next 3 days. It has tested this level numerous times in the past, and this time could be no different, ending in a rebound rather than a breakout. If a breakout does not occur, we may see a retracement back to current levels.
FTSE100 is heading toward 10378.5498 and could reach this level within the next 2 days. It has tested this level numerous times in the past, and this time could be no different, ending in a rebound rather than a breakout. If a breakout does not occur, we may see a retracement back to current levels.
EURUSD is approaching a critical level that could be a key deciding factor for what comes next. We may see this trajectory continue to test and break through 1.1587, unless it loses momentum and pulls back to current levels.
XAUUSD has broken through the support line of a Triangle pattern and suggests a possible move to 5051.3372 within the next 16 hours. It has tested this line before, so it is prudent to wait for confirmation of the breakout before taking action. If the breakout is not confirmed, we could see a retracement back […]
A strong resistance level has been breached at 25087.2480 on the 1 hour NAS100 chart. Technical analysis forecasts a move to 25431.5938 within the next 2 days.
BRN/USD is moving toward a resistance line it has tested many times. It has retraced from this line before, so it’s unclear whether it will break through or rebound again. If BRN/USD continues on its current trajectory, it could reach 84.0085 within the next 10 hours.
NGC/USD is moving toward a key support level at 2.9395. This level has been tested before for NGC/USD. This may present a good trading opportunity either at the spot price or after a breakout through this level.