The movement of GBPJPY towards 195.6010 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
FTSE100 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 19 days and may test it again within the next 2 days.
NGC/USD has broken through a resistance line. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 3.5007 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
USDJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 9 days and may test it again within the next 2 days.
NAS100 is moving towards a line of 22668.8398 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If NAS100 continues in its current trajectory, we […]
A movement of 5.77% over 3 days on XAGUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
ETHUSD is moving towards a key support level at 2937.4099. This is a previously tested level for ETHUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level.
EURUSD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 8 hours.
