Technical Analysis
A strong support level has been breached at 117.1600 on the 15 Minutes LTCUSD chart. Technical Analysis theory forecasts a movement to 111.8460 in the next 8 hours. Supported by
ETHUSD has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation
USDJPY is moving towards a key resistance level at 152.3030. This is a previously tested level for USDJPY. This could be a good trading opportunity, either at the spot price,
Emerging Ascending Triangle detected on DOW 30 – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over
ETHUSD is approaching a support line at 2650.1001. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around
GBPUSD is heading towards the resistance line of a Triangle and could reach this point within the next 17 hours. It has tested this line numerous times in the past,
USDCHF is heading towards the resistance line of a Channel Up. If this movement continues, the price of USDCHF could test 0.9228 within the next 3 days. It has tested
EURUSD has broken through a line of 1.0361. If this breakout holds true, we could see the price of EURUSD heading towards 1.0261 within the next 2 days. But don’t
The movement of AUDUSD towards 0.6275 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in
LTCUSD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back