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 […]
EURUSD was on its way down
EURUSD has experienced an extremely big movement in last 18 days. It may continue the trend, but this would make the move unprecedented in the recent past. Past performance is not an indicator of future results. Losses can exceed deposits.
USDCAD was on its way up
USDCAD has moved higher by 0.69% from 1.38252 to 1.39202 in the last 18 hours. Past performance is not an indicator of future results. Losses can exceed deposits.
Possible start of a bearish trend as GBPUSD breaks support
GBPUSD has broken through a line of 1.3270 and suggests a possible movement to 1.3222 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
EURCHF is on the approach
EURCHF is moving towards a key support level at 0.9276. EURCHF has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through? Past performance is not an indicator of future results. Losses can exceed deposits.
AUDUSD was on its way up
AUDUSD hits 0.650335 after a 6.03% move spanning 29 days. Past performance is not an indicator of future results. Losses can exceed deposits.
Channel Down breakout on USDJPY
Channel Down pattern identified on USDJPY has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 143.9346 in the next 2. Past performance is not an indicator of future results. Losses can exceed deposits.
Either a rebound or a breakout imminent on USDCAD
An emerging Channel Down has been detected on USDCAD on the 4 hour chart. There is a possible move towards 1.3739 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels. Past performance is not an indicator of future results. Losses can exceed deposits.
Where is XAUUSD moving to?
XAUUSD has moved higher by 6.14% from 3225.0455 to 3423.18 in the last 5 days. Past performance is not an indicator of future results. Losses can exceed deposits.
AUDUSD experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 5.34% move on AUDUSD. The movement has happened over the last 28 days. For those trend followers among you, you may think about riding this possible trend. Past performance is not an indicator of future […]