EURUSD is moving toward a level at 1.1542, which it has tested many times before. We have seen it retrace from this level before, so at this stage it isn’t clear whether it will break through this price or rebound again. If EURUSD continues on its current trajectory, we may see it move toward 1.1542 within the next 12 hours.
FTSE100 is heading toward the support line in a Falling Wedge pattern. If this move continues, the price of FTSE100 could test 9417.4226 within the next 15 hours. It has tested this line many times before, so the move could be short-lived and may rebound as it has before.
NGC/USD has moved through the resistance line of a Flag pattern at 4.433833333333334 on the 4 hour chart. This line has been tested multiple times in the past, and this breakout could signal an upcoming change in the current trend. Price may continue in the current direction toward 4.5856.
BTCUSD is moving toward a support 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 5 days and may test it again within the next 2 days.
GBPJPY recorded an unusual number of bullish candles on the Daily timeframe.
LTCUSD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through this line or a rebound to current levels. It has touched this line numerous times in the last 14 days and may test it again within the next 2 days.
A strong resistance level has been breached at 4086.0000 on the 15 Minutes XAUUSD chart. Technical analysis forecasts a move to 4118.1260 within the next 10 hours.
S&P500 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 7 days and may test it again within the next 22 hours.
