Where is XAUUSD moving to?
XAUUSD experienced an extremely large move that lasted 12. This movement is in the 5.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement. Past performance is not an indicator of future results. Losses can exceed deposits.
Should we expect a breakout or a rebound on EURCHF?
EURCHF is heading towards the resistance line of a Channel Up. If this movement continues, the price of EURCHF could test 0.9450 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past. Past […]
A potential bearish movement on XAGUSD
XAGUSD 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 resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start of […]
Triangle breakout on AUDUSD
The last 5 4 hour candles on AUDUSD formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 0.6353. Past performance is not an indicator of future results. Losses can exceed deposits.
USDCAD – getting close to resistance of a Triangle
USDCAD is approaching the resistance line of a Triangle. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 21 hours. Past performance is not an indicator of future results. Losses can exceed deposits.
AUDUSD short term bullish trade setup to 0.6467
AUDUSD is moving towards a key resistance level at 0.6467. This is a previously tested level for AUDUSD. This could be a good trading opportunity, either at the spot price, or after breaching this level. Past performance is not an indicator of future results. Losses can exceed deposits.
EURUSD is moving, act now
EURUSD has moved lower by 2.89% from 1.151425 to 1.118145 in the last 25 days. Past performance is not an indicator of future results. Losses can exceed deposits.
GBPUSD – getting close to resistance of a Rising Wedge
Emerging Rising Wedge detected on GBPUSD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 1.330515 and it is expected to move to 1.3385. Past performance is […]
AUDUSD approaches important level of 0.6415
AUDUSD is approaching a support line at 0.6415. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels. Past performance is not an indicator of future results. Losses can exceed deposits.
EURUSD is on its way down
EURUSD hits 1.11858 after a 2.85% move spanning 24 days. Past performance is not an indicator of future results. Losses can exceed deposits.