S&P500 is heading toward 6901.0801 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.
The movement of NGC/USD towards the 2.9370 price line is yet another test of a line it has reached numerous times in the past. We can expect this test to occur within the next 2 days, but it is uncertain whether it will result in a breakout through this line or simply rebound to current […]
An emerging Rising Wedge pattern has been detected for GBPJPY on the 1 hour chart. There may be a move toward 212.2226 in the next few candles. Once it reaches the resistance, it may continue its bullish run or revert to current price levels.
ETHUSD has broken through 1992.7300, which it has tested many times before. We have also seen it retrace from this level. If this new trend persists, ETHUSD may be heading towards 2089.6680 within the next 2 days.
S&P500 has moved lower by 3.48% from 6842.53 to 6604.29 in the last 3 days.
A strong resistance level has been identified at 85.5195 on the 1 hour XAGUSD chart. XAGUSD is likely to test this level soon.
The price of EURUSD is heading back toward the resistance 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.
The price of XAUUSD is heading back toward the resistance 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.
