FTSE100 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 48 days and may test it again within the next 3 days.
The movement of BTCUSD towards the 98932.1328 price line is yet another test of a line it has reached numerous times in the past. We can expect this test to occur within the next 2 days, but it is uncertain whether it will result in a breakout through this line or simply rebound to current […]
S&P500 is approaching a critical level that could be a key deciding factor for what comes next. We may see this trajectory continue to test and break through 6890.1602, unless it loses momentum and pulls back to current levels.
XAUUSD is trapped in a Channel Up formation, implying that a breakout is imminent. This is a strong trade setup for both trend and swing traders. It is now approaching a support line that has been tested before. Divergence watchers may be optimistic about a potential breakout, which could mark the start of a new […]
The movement of ETHUSD towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
USDJPY is moving towards a key support level at 153.8345. This is a previously tested level for USDJPY. This could be a good trading opportunity, either at the spot price, or after breaching this level.
