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In this pair, we have the technical figure Channel Up. The Channel Up has broken through the support line on 18/06/2021. Forming a bearish formation on a daily chart. If the price holds below this level we will have possible bearish price movement with a forecast for the next 55 days with a target of 130.00. Our stop loss order should be placed at 134.06 if we...

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We have technical figure Triangle in Swiss company Swiss Reinsurance Company Ltd (SREN.vx) at daily chart. Swiss Re AG is a reinsurance company based in Zurich, Switzerland. It is the world's largest reinsurer, as measured by net premiums written. The Triangle has broken through the resistance line on 17/06/2021, if the price holds above this level we can have...

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We have technical figure Rising Wedge in US company JPMorgan Chase & Co . ( JPM ) at daily chart . JPMorgan is an American multinational investment bank and financial services holding company. The Rising Wedge has broken through the support line at 15/06/2021, if the price holds below this level we can have possible bearish price movement with forecast for the...

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In this pair, we have the technical figure Channel Down. The Channel Down has broken through the resistance line on 15/06/2021. Forming a bullish formation on a daily chart. If the price holds above this level we will have possible bullish price movement with a forecast for the next 22 days with a target 4.5890. Our stop loss order should be placed at 4.4331 if we...

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FX_IDC:XAUUSD We have technical figure Triangle in Gold. The Triangle has broken through the support line at 14/06/2021. Forming a bearish formation on a day chart. If price holds below this level we will have possible bearish price movement with forecast for the next 11 days with target 1 843.34 USD. Our stop loss order should be placed at 1 903.07 USD if we...

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USD/CAD is stuck in a range between two strong support and resistance levels around 1.20 and 1.2140. The currency pair was traded lower on Thursday during the European and American sessions. Overall though, the price structure suggests a sideways activity since May 14, between that resistance and the support, and thus, experts prefer to take the sidelines for now....

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USD/JPY is the forex ticker that shows the US dollar's value against the Japanese Yen. The Dollar-Yen is one of the most-traded forex pairs – second only to EUR/USD – and is a benchmark for Asian economic health and even the global economy. On a long-term basis, experts follow formed triangle starting from 2015 whose resistance line was broken with the formation...

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The currency pair USD/RUB looks that preparing for a lower low on a daily chart. The technical picture shows that the pair is now testing one of its key support levels around 72.60, which are the lowest points from December 2020 and March 2021. At the same time, the rate is in a strong downtrend on a one hour chart from April this year, and it looks that it will...

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Virgin Galactic Holdings Inc (SPCE) is in strong bullish formation after completed the third spaceflight and the first-ever spaceflight from Spaceport America, New Mexico, launched on May 22, 2021. The share price rose by more than 140% in less than a month after it hit the strong support level of 14$ per share. The Unity vehicle (the carrier plane), with pilots...

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Previous week Crude Oil rised and made a new top. In the coming days, experts expecting the price to lose momentum and start bearish pullback. We need to see trendline breakout, followed by a small flag to act as future confirmation. If not, WTI could continue and rise slowly. Apparently, it is demand, not OPEC+, that is driving oil prices above $70 per barrel....

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Gold is unchanged so far. Yesterday XAUUSD dropped below a strong resistance level. Reached Target - support level 1870. As we can see some strong reversal pattern is forming here too and we may expect dump soon some targets and support ahead is mentioned on chart. Possible breakout of the strong support line and test of 1800-1770$ Experts see the middle high is...

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Ethereum is forming triangle pattern. If the upper boundary breakout the triangle, we can see definitely good potential for long entries with target 3000-3200$. On the other side if the price breaks out the lower boundary of the triangle we can see test and break of 2000$-1800$ In a Daily chart ETH/USD found support at the previous key area of interest, it is...

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Nasdaq100 is currently ranging between 12900-13800. We have had the longest consolidation in the history, probably traders are all bored and need break out of this consolidation. Experts expects to get some very high volume after London market closed yesterday. Their targets for the bulls will be 13823, where the price will come to the trend line. A break of this...

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AUD/JPY is forming Bullish Channel Pattern at 84.62 and strong support around 84.00 and 84.60. Experts sees Long potential continuing in the rectangle channel, possible to meet first resistance around 85.40 Breakout of the Bullish channel could move to test 86.00

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US500 breakout the triangle and pullback retest the breakout spot also retest the demand zone in the up channel. Analysts see possible come up second time and test the previous high and this also make possibility to breakout higher. The demand zone between $4100-$4200 create a support for the last few weeks and we can see $4500-$4800 as new highs

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Technical Overview: Dollar Index is trading since few weeks in a falling wedge and losses are marginal which can mean reversal. From the Experts point of view now we can see the first bullish sign from the index with a break above the wedge’s resistance at price 90.000 And analysts predict also a short-term horizontal resistance in play at this moment and if this...

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As per analysts the daily descending channel has been broken out to the upside and price has entered the new parallel channel. Price stopped growing after approaching to the new channel’s middle line which acts like a resistance level sometimes. CCI is in the overbought area and shows a negative regular divergence: although price has risen, CCI is making lower...

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Technical outlook: BN.pa bullish scenario: We have technical figure Channel Down in U.S. company Danone S.A. (BN.pa) at the daily chart. Danone S.A. is a multinational food-products corporation based in Paris and founded in Barcelona, Spain. It listed on Euronext Paris, where it is a component of the CAC 40 stock market index. Some of the company's products are...