A potential bullish movement on EURJPY
EURJPY was identified at around 166.925 having recently rebounded of the support on the 30 Minutes 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 168.7940 level. Past […]
A potential bearish movement on AUDUSD
AUDUSD is moving towards a key support level at 0.6462. AUDUSD has previously tested this level 4 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.
Will EURUSD have enough momentum to break support?
EURUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If EURUSD continues in its current trajectory, we could see it […]
A potential bullish movement on EURCHF
A Triangle pattern was identified on EURCHF at 0.93923, creating an expectation that it may move to the resistance line at 0.9414. It may break through that line and continue the bullish trend or it may reverse from that line. Past performance is not an indicator of future results. Losses can exceed deposits.
Possible breach of resistance level by EURGBP
Emerging Channel Up pattern in its final wave was identified on the EURGBP 4 hour chart. After a strong bullish run, we find EURGBP heading towards the upper triangle line with a possible resistance at 0.8653. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels. Past performance […]
Will EURJPY have enough momentum to break resistance?
Emerging Channel Up 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 168.5408. If the resistance shows to hold, the Channel Up pattern suggests a rebound back towards current levels. Past performance […]
AUDUSD approaching resistance of a Rising Wedge
AUDUSD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 17 hours. Past performance is not an indicator of future results. Losses can exceed deposits.
EURGBP trade outlook at 2025-06-16T18:00:00.000Z until 2025-06-16T18:00:00.000Z
The last 12 4 hour candles on EURGBP formed a Triangle pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 0.8476. Past performance is not an indicator of future results. Losses can exceed deposits.
bullish technical pattern on NZDUSD 1 hour
Triangle pattern identified on NZDUSD 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 0.6048 in the next 5. Past performance is not an indicator of future results. Losses can exceed deposits.
Resistance breakout on EURUSD
EURUSD has broken through a line of 1.1548 and suggests a possible movement to 1.1578 within the next 6 hours. 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 […]