The price seem to be ranging in a triangular for. If the resistance is broken, the 2nd resistance level might be approached and a downside break might unveil the 2nd support level. Good traders!!!!
I'm expecting the pair to pull-back to the highlighted support area at around 26.6, if the support holds, a bullish movement is expected targeting the 30.000 resistance zone.
The ascending triangle on the H4 timeframe indicate that the pair might break the resistance level. I'm expecting to go long on BTCUSD, if it did break my first target would at around 62000.000, my defense line at 57800.600. Good luck Traders!!!
The rejection from the strong resistance at 110.9 indicate the the side way movement is yet over. The pair would head lower towards the 105.000 level. The pair might sell hard. Good luck Traders!!
The pair broke the multi-year resistance as can be seen on the Monthly Timeframe. As long as the 131.000 support level holds, the pair's next target would be around 137.000. Good luck Traders!!
The yesterday's close below the 0.90800 support level and the broken of the diagonal support indicate that the pair is still bearish and might be targeting the 0.89300 level. Good lucky Traders!!
XAUUSD has been in a falling wedge since May, and the pair is approaching a strong resistance around 1870.5 as well as the diagonal resistance. If the resistance holds, a downfall might be seen.
I think ERUJPY is going to break higher. If we can check on the daily timeframe, price has been building up and hovering (volatility contraction) around the resistance level for almost a week which is a sign that bulls are still willing to push the price higher. I'm expecting volatility to expand upwards (break of resistance). Also the previous daily candle...
