The price of USDJPY in heading back to the support 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.
NGC/USD is moving toward a support 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 3 days and may test it again within the next 13 hours.
BTCUSD has broken through a support line. Because it has previously retraced from this price, you should wait for confirmation of the breakout before trading. It has touched this line multiple times over the past 9 days, which suggests a possible target around 86754.8516 within the next 2 days.
The breakout of NGC/USD through the 4.3665 price line is a breach of an important psychological price level that it has tested numerous times in the past. If this breakout persists, NGC/USD could test 3.8732 within the next 3 days. One should always be cautious before placing a trade and wait for confirmation of the […]
LTCUSD was identified around 83.53 after recently rebounding off the support on the 4 hour 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 88.0805.
This trade setup on USDJPY formed after a period of consolidation, during which the price moved mostly sideways before choosing a longer-term direction. Following the bullish breakout through resistance, the price could move toward 155.9808.
A strong resistance level has been breached at 25701.5293 on the 30 Minutes NAS100 chart. Technical analysis forecasts a move to 25930.0859 within the next 14 hours.
Rectangle pattern identified on XAUUSD has broken through a resistance level, with price momentum continuing to move upward. This presents a solid trading opportunity, with the price expected to reach 4288.2445 in the next 3.
