Skip to content FTSE100 is heading towards the resistance line of a Rising Wedge and could reach this point within the next 11 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 […]
ETHUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 12 days and may test it again within the next […]
GBPJPY is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 200.0190, unless it runs out of momentum and pulls back to current levels.
XAGUSD has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 37.2208 within the next 20 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
The price of S&P500 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
The movement of NGC/USD towards 2.7325 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
