Rising Wedge breakout on EURUSD
EURUSD has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level […]
EURCHF – Extreme movement, a rare opportunity
EURCHF experienced an extremely large move that lasted 7. This movement is in the 95.0 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.
AUDUSD experienced an exceptionally large movement
A movement of 1.55% over 2 days on AUDUSD 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.
Rare opportunity on EURUSD – extreme bullish movement
EURUSD hits 1.07902 after a 1.62% move spanning 17 hours. Past performance is not an indicator of future results. Losses can exceed deposits.
Extreme movement on EURCHF
An unexpected large move has occurred on EURCHF 1 hour chart beginning at 0.93725 and ending at 0.94865. Is this a sign of something new? What can we expect in the future? Past performance is not an indicator of future results. Losses can exceed deposits.
Where is EURJPY moving to?
EURJPY rose sharply for 14 hours – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in EURJPY there is a chance that we will witness a correction, no matter how brief. Past performance is not an […]
USDCHF 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 1.25% move on USDCHF. The movement has happened over the last 4 days. For those trend followers among you, you may think about riding this possible trend. Past performance is not an indicator of future […]
Should we expect a bearish trend on EURCHF?
EURCHF has broken through the support 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 0.9371 may materialize within the next 15 hours. Past performance […]
Possible start of a bearish trend on AUDUSD
AUDUSD has breached the support line at 0.6209. It may continue the bearish trend towards 0.6195, 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.
Important price line breached by EURJPY
EURJPY has broken through a line of 157.2470 and suggests a possible movement to 158.1694 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 […]