FXCM

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 […]

EURUSD was on its way down

EURUSD experienced an extremely large move that lasted 22. 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.

A potential bearish movement on USDJPY

A Flag pattern was identified on USDJPY at 147.732, creating an expectation that it may move to the support line at 147.4125. It may break through that line and continue the bearish trend or it may reverse from that line. Past performance is not an indicator of future results. Losses can exceed deposits.

A potential bearish movement on EURJPY

Emerging Channel Up pattern in its final wave was identified on the EURJPY 1 hour chart. After a strong bearish run, we find EURJPY heading towards the upper triangle line with a possible resistance at 164.0882. If the support shows to hold, the Channel Up pattern suggests a rebound back towards current levels. Past performance […]

Rare opportunity on EURUSD – extreme bearish movement

A movement of 1.3% over 10 hours on EURUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction. Past performance is not an indicator of future results. Losses can exceed deposits.

Should we expect a bullish trend on AUDUSD?

AUDUSD has broken through 0.6433 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, AUDUSD may be heading towards 0.6451 within the next 9 hours. Past performance is not an indicator of future results. Losses can exceed deposits.

Will EURGBP have enough momentum to break support?

EURGBP is trapped in a Channel Down 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 […]

Should we expect a breakout or a rebound on AUDUSD?

AUDUSD is trapped in a Falling Wedge 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 […]