Support breakout on EURCHF
The breakout of EURCHF through the 0.9359 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, EURCHF could test 0.9313 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout. Past performance […]
AUDUSD approaching resistance of a Rising Wedge
AUDUSD is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of AUDUSD could test 0.6550 within the next 7 hours. 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 […]
Extreme movement on GBPUSD
GBPUSD experienced an extremely large move that lasted 19. This movement is in the 98.0 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.
Possible start of a bullish trend as EURCHF breaks resistance
EURCHF has broken through a line of 0.9411. If this breakout holds true, we could see the price of EURCHF heading towards 0.9435 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any […]
Is NZDUSD likely to correct after this massive movement?
NZDUSD hits 0.58912 after a 1.73% move spanning 4 days. Past performance is not an indicator of future results. Losses can exceed deposits.
EURGBP – Continuation Chart Pattern – Channel Up
EURGBP was identified at around 0.85679 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 0.8668 level. Past […]
GBPUSD – getting close to support of a Falling Wedge
An emerging Falling Wedge has been detected on GBPUSD on the 4 hour chart. There is a possible move towards 1.3346 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.
A potential bullish movement on EURJPY
Emerging Rising Wedge pattern in its final wave was identified on the EURJPY 30 Minutes chart. After a strong bullish run, we find EURJPY heading towards the upper triangle line with a possible resistance at 167.9265. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels. Past performance […]
EURCHF approaching resistance level
EURCHF is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 0.9424, unless it runs out of momentum and pulls back to current levels. Past performance is not an indicator of future results. Losses […]
USDJPY trade outlook at 2025-06-19T10:00:00.000Z until 2025-06-19T10:00:00.000Z
USDJPY 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 146.5109 may materialize within the next 2 days. Past performance […]