XAGUSD has broken through a resistance line. Since it has previously retraced from this price, wait for confirmation of the breakout before trading. It has touched this line several times over the past 16 days. This suggests a possible target around 55.7579 within the next 3 days.
GBPJPY is approaching the line at 204.7405. If this move continues, the price of GBPJPY could test 204.7405 within the next 21 hours. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.
LTCUSD is approaching a support line at 83.2300. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.
BRN/USD is heading toward the resistance line of a Channel Down pattern and could reach it within the next 3 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back […]
The movement of FTSE100 towards the 9714.0498 price line is yet another test of a line it has reached numerous times in the past. We can expect this test to occur within the next 10 hours, but it is uncertain whether it will result in a breakout through this line or simply rebound to current […]
USDJPY showed a long streak of consecutive bullish candles on the Daily chart.
NAS100 is moving toward a resistance line. Because it has retraced from this level in the past, we may see either a breakout through this line or a rebound to current levels. It has touched this line multiple times over the last 6 days and may test it again within the next 15 hours.
S&P500 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 15 days and may test it again within the next 3 days.
