A possible start of a bearish trend on EURUSD
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 1.0768 but consider reducing the size of your position as the price gets […]
A potential bullish movement on EURCHF
EURCHF is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
Extreme movement on EURGBP
A movement of 0.72% over 20 hours on EURGBP doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction. Past performance is not an indicator of future results. Losses can exceed deposits.
Breach of important price line imminent by EURCHF
The movement of EURCHF towards 0.9579 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 18 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines. […]
Will USDCHF bounce after a massive drop?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 2.87% move on USDCHF. The movement has happened over the last 11 days. For those trend followers among you, you may think about riding this possible trend. Past performance is not an indicator of future […]
AUDUSD breakout through resistance
AUDUSD has breached the resistance line at 0.6321. It may continue the bullish trend towards 0.6350, or, it may prove to be yet another test of this level. Past performance is not an indicator of future results. Losses can exceed deposits.
GBPUSD was on its way up
GBPUSD has moved higher by 2.82% from 1.25777 to 1.29319 in the last 11 days. Past performance is not an indicator of future results. Losses can exceed deposits.
Huge movement on EURUSD, did you miss it?
EURUSD hits 1.07874 after a 3.96% move spanning 8 days. Past performance is not an indicator of future results. Losses can exceed deposits.
Dramatic change in EURGBP. A sign of things to come?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 0.35% move on EURGBP. The movement has happened over the last 15 hours. For those trend followers among you, you may think about riding this possible trend. Past performance is not an indicator of future […]
Confirmed breakout on AUDUSD 1 hour chart
AUDUSD is once again retesting a key horizontal support level at 0.6320. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend. Past performance is not an indicator of future results. […]