Skip to content GBPJPY 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 5 days and may test it again within the next 2 days.
NGC/USD is heading toward the resistance line of a Channel Down pattern and could reach it within the next 3 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]
ETHUSD has broken through a line at 2087.0801. If this breakout holds, we could see the price of ETHUSD move toward 1962.2170 within the next 3 days. However, don’t be too quick to trade. It has tested this line many times in the past, so confirm the breakout before placing any trades.
XAUUSD has broken through a support line. Since it has previously retraced from this price, wait for confirmation of the breakout before trading. It has touched this line several times over the past 7 days. This suggests a possible target around 4257.3154 within the next 2 days.
USDJPY has broken through the resistance line of a Triangle technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 10 days, which suggests a possible target around 160.0510 within the […]
