AUDUSD – support line broken at 2025-02-12T10:00:00.000Z
Channel Up pattern identified on AUDUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 0.6259 in the next 16. Past performance is not an indicator of future results. Losses can exceed deposits.
Will GBPUSD have enough momentum to break resistance?
GBPUSD 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 […]
Where is EURCHF moving to?
EURCHF has experienced an extremely big movement in last 18 hours. 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.
EURGBP approaching important level of 0.8378
EURGBP is moving towards a line of 0.8378 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURGBP continues in its current trajectory, we […]
Dramatic change in XAUUSD. A sign of things to come?
XAUUSD has moved higher by 12.74% from 2588.17 to 2917.92 in the last 56 days. Past performance is not an indicator of future results. Losses can exceed deposits.
Channel Up breakout on XAGUSD
XAGUSD has broken through a support line of a Channel Up and suggests a possible movement to 31.4334 within the next 4 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
Rare opportunity on EURJPY – extreme bearish movement
EURJPY has moved lower by 4.31% from 163.637 to 156.587 in the last 18 days. Past performance is not an indicator of future results. Losses can exceed deposits.
Either a rebound or a breakout imminent on GBPUSD
An emerging Rising Wedge has been detected on GBPUSD on the 4 hour chart. There is a possible move towards 1.2612 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels. Past performance is not an indicator of future results. Losses can exceed deposits.
AUDUSD – getting close to psychological price line
A strong support level has been identified at 0.6275 on the 15 Minutes AUDUSD chart. AUDUSD is likely to test it soon. Past performance is not an indicator of future results. Losses can exceed deposits.
GBPUSD approaching support of a Head and Shoulders
A Head and Shoulders pattern was identified on GBPUSD at 1.24199, creating an expectation that it may move to the support line at 1.2348. It may break through that line and continue the bearish trend or it may reverse from that line. Past performance is not an indicator of future results. Losses can exceed deposits.