Skip to content BRN/USD 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 21 hours.
An emerging Channel Down pattern in its final wave has been identified on the EURUSD 30 Minutes chart. After a strong bearish run, EURUSD is heading toward the upper triangle trendline, with possible resistance at 1.1592. If the support holds, the Channel Down pattern suggests a rebound toward current levels.
LTCUSD is about to retest a key horizontal resistance level near 82.0100. It has tested this level 5 times recently and may simply bounce off it, as it did last time. However, after so many attempts, it may be ready to start a new trend.
GBPJPY has broken through a resistance 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 6 days. This suggests a possible target around 212.7108 within the next 21 hours.
NGC/USD is moving toward a support 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 15 days and may test it again within the next 3 days.
NAS100 is heading toward the resistance line of a Channel Up pattern and could reach it within the next 2 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 […]
