Skip to content LTCUSD is moving towards a key support level at 104.5000. LTCUSD has previously tested this level 6 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?
XAUUSD is heading towards the resistance line of a Rising Wedge and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
FTSE100 moved through the support line of a Triangle at 9198.297435897435 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 9142.1978.
A Channel Down pattern was identified on BTCUSD at 111577.91, creating an expectation that it may move to the support line at 109061.5200. It may break through that line and continue the bearish trend or it may reverse from that line.
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.
Triangle pattern identified on USDJPY has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 146.8690 in the next 2.
ETHUSD has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level to […]
