Skip to content The price of S&P500 in heading in the direction of 6692.4102. Despite the recent breakout through 6668.2300 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
XAGUSD is approaching a support line at 86.7077. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.
BTCUSD has moved higher by 6.44% from 64904.06 to 69080.89 in the last 15 hours.
FTSE100 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 FTSE100 continues on its current trajectory, it could reach 10967.5713 within the next 2 days.
An emerging Rising Wedge pattern in its final wave has been identified on the USDJPY 1 hour chart. After a strong bullish run, USDJPY is heading toward the upper triangle trendline, with possible resistance at 156.8224. If the resistance holds, the Rising Wedge pattern suggests a rebound toward current levels.
BRN/USD 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 6 days, which suggests a possible target around 70.4855 within the next 17 hours.
EURUSD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 8 days and may test it again within the next 2 days.
ETHUSD is heading toward the resistance line in a Channel Down pattern. If this move continues, the price of ETHUSD could test 1927.7262 within the next 3 days. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
