USDJPY has broken through 142.7600 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, USDJPY may be heading towards 143.4939 within the next 21 hours.
Skip to content USDJPY has broken through 142.7600 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, USDJPY may be heading towards 143.4939 within the next 21 hours.
The breakout of XAUUSD through the 3291.6445 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, XAUUSD could test 3206.8474 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
USDJPY has broken through 142.7600 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, USDJPY may be heading towards 143.4939 within the next 21 hours.
A strong resistance level has been breached at 33.2103 on the 1 hour XAGUSD chart. Technical Analysis theory forecasts a movement to 33.7003 in the next day.
GBPJPY is heading towards 190.6690 and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
NAS100 is heading towards a line of 19358.1250. If this movement continues, the price of NAS100 could test 19358.1250 within the next 9 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
FTSE100 has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 8399.7202 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
A Channel Up pattern was identified on ETHUSD at 1806.97, creating an expectation that it may move to the resistance line at 1879.5176. It may break through that line and continue the bullish trend or it may reverse from that line.