Resistance breakout on DOW 30Resistance breakout on DOW 30
The price of DOW 30 in heading in the direction of 42479.1992. Despite the recent breakout through 42201.0898 it is possible that it will struggle to gain momentum to the
Category: Technical Analysis
Technical Analysis
Possible breach of resistance level by LTCUSDPossible breach of resistance level by LTCUSD
LTCUSD is heading towards the resistance line of a Ascending Triangle. If this movement continues, the price of LTCUSD could test 95.0725 within the next 2 days. It has tested
Important price line breached by BTCUSDImportant price line breached by BTCUSD
BTCUSD has broken through a line of 84760.9766 and suggests a possible movement to 87253.0938 within the next 3 days. It has tested this line numerous times in the past,
ASX 225 approaching important level of 7841.3999ASX 225 approaching important level of 7841.3999
ASX 225 is moving towards a key support level at 7841.3999. ASX 225 has previously tested this level 4 times and on each occasion it has bounced back off this
Nikkei 225 approaching support of a TriangleNikkei 225 approaching support of a Triangle
Nikkei 225 is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
DOW 30 approaching support levelDOW 30 approaching support level
DOW 30 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch
NZDUSD has broken through supportNZDUSD has broken through support
Triangle pattern identified on NZDUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price
A potential bearish movement on LTCUSDA potential bearish movement on LTCUSD
The movement of LTCUSD towards 91.2100 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in
Nikkei 225 – getting close to support of a Channel DownNikkei 225 – getting close to support of a Channel Down
Nikkei 225 is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound
EURUSD short term bearish trade setup to 1.0874EURUSD short term bearish trade setup to 1.0874
EURUSD is moving towards a line of 1.0874 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at