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.
bullish technical pattern on EURCHF 4 hour
EURCHF has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.9423 may materialize within the next 2 days. Past performance […]
Resistance line breached by NZDUSD
You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 0.5998 but consider reducing the size of your position as the price gets […]
AUDUSD – resistance line broken at 2025-05-13T18:00:00.000Z
The price of AUDUSD in heading in the direction of 0.6513. Despite the recent breakout through 0.6467 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back. Past performance […]