Nikkei 225 is moving towards a line of 38136.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Nikkei 225 continues in its current trajectory, we may see it move towards 38136.0000 within the next 2 days.
Supported by Downward sloping Moving Average
Target: 38136 Entry: 38588 Stop: 38815.65
Emerging Channel Up detected on DAX 40 – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over
FTSE 100 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading.
The price of ETHUSD in heading in the direction of 2981.2429. Despite the recent breakout through 3106.0400 it is possible that it will struggle to gain momentum to the forecast