Skip to content FTSE100 was identified around 10172.6 after recently rebounding off the support on the 30 Minutes interval. Ultimately, the stock’s price action has formed a Channel Up pattern. This squeeze may increase the chances of a strong breakout. The projected move could take the price to around 10415.5831.
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 7 days and may test it again within the next 2 days.
An emerging Channel Up pattern in its final wave has been identified on the XAGUSD 1 hour chart. After a strong bearish run, XAGUSD is heading toward the upper triangle trendline, with possible resistance at 88.1277. If the support holds, the Channel Up pattern suggests a rebound toward current levels.
LTCUSD has broken through the support line of a Descending 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 2 days, suggesting a possible target level around 74.5781 within […]
An emerging Channel Up pattern has been detected for S&P500 on the 30 Minutes chart. There may be a move toward 6932.1902 in the next few candles. Once it reaches the support, it may continue its bearish run or revert to current price levels.
NAS100 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 13 days and may test it again within the next 2 days.
The first non-farm payroll report of 2023 in January drove markets higher as traders decided to recalibrate their holdings to
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