Big movement possible on BTCUSDBig movement possible on BTCUSD
A strong support level has been breached at 93332.1016 on the 1 hour BTCUSD chart. Technical Analysis theory forecasts a movement to 88291.7031 in the next 3 days. Supported by
Category: Technical Analysis
Technical Analysis
A potential bearish movement on AUDUSDA potential bearish movement on AUDUSD
AUDUSD is heading towards the support line of a Falling Wedge. If this movement continues, the price of AUDUSD could test 0.6112 within the next 12 hours. It has tested
ASX 225 approaches important level of 8108.0000ASX 225 approaches important level of 8108.0000
The price of ASX 225 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.
Either a rebound or a breakout imminent on NZDUSDEither a rebound or a breakout imminent on NZDUSD
A Channel Down pattern was identified on NZDUSD at 0.55827, creating an expectation that it may move to the support line at 0.5544. It may break through that line and
Should we expect a breakout or a rebound on ETHUSD?Should we expect a breakout or a rebound on ETHUSD?
ETHUSD is moving towards a key resistance level at 3342.0100. ETHUSD has previously tested this level 5 times and on each occasion it has bounced back off this level. Is
Should we expect a breakout or a rebound on USDJPY?Should we expect a breakout or a rebound on USDJPY?
USDJPY was identified at around 158.165 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge
FTSE 100 – psychological price line breachedFTSE 100 – psychological price line breached
FTSE 100 has broken through a resistance line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 8326.7842 within the
ASX 225 – getting close to resistance of a Rising WedgeASX 225 – getting close to resistance of a Rising Wedge
ASX 225 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage
USDCAD approaching important bullish key levelUSDCAD approaching important bullish key level
USDCAD is moving towards a key resistance level at 1.4449. USDCAD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is
Triangle breakout on USDJPYTriangle breakout on USDJPY
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that