Skip to content A Channel Up pattern was identified on XAUUSD at 3325.76, creating an expectation that it may move to the resistance line at 3399.0149. It may break through that line and continue the bullish trend or it may reverse from that line.
A Channel Up pattern was identified on XAGUSD at 32.71975, creating an expectation that it may move to the support line at 32.6595. It may break through that line and continue the bearish trend or it may reverse from that line.
FTSE100 has broken through a support line of a Channel Up and suggests a possible movement to 8680.0178 within the next 21 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
ETHUSD was identified at around 2630.85 having recently rebounded of the resistance on the 1 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 2537.9234 level.
NGC/USD has broken through a resistance line of a Falling Wedge and suggests a possible movement to 3.3740 within the next 8 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
BRN/USD has broken through a support line. It has touched this line at least twice in the last 16 days. This breakout may indicate a potential move to 64.1062 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
XAUUSD is heading towards the resistance line of a Rising Wedge and could reach this point within the next 16 hours. 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 […]
Anyone who ventures into online investing understands that trading has an inherent risk. That first trade is nerve-wracking, no matter
What do online trading and sport have in common? At first glance, the world of online trading and the realm of sports might seem like distant relatives. Yet, they share a DNA beyond the surface level. They are both arenas where strategy, psychology, and performance intersect in the pursuit of victory. Once you start exploring […]
In the dynamic domain of retail trading, where instruments like contracts for differences (CFDs) are prevalent, brokers play an instrumental role in the success of new, inexperienced traders. Despite controlling smaller sums than institutional investors, retail traders encounter significant risks. Brokers can decrease the steep learning curve by helping traders discern and embrace trading styles […]
In the world of trading, where billions of dollars are moved in milliseconds, the power of information cannot be overstated. Raw data and financial metrics are vital, but the views held by popular media often impact investment choices. The market perceptions shaped by news articles on companies and financial instruments are pivotal for traders. Let’s […]
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