Possible breach of resistance level by EURUSD
EURUSD is moving towards a resistance 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 […]
XAGUSD – Continuation Chart Pattern – Channel Up
A Channel Up pattern was identified on XAGUSD at 32.203, creating an expectation that it may move to the support line at 31.7867. 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.
EURGBP was on its way down
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.57% move on EURGBP. The movement has happened over the last 18 days. For those trend followers among you, you may think about riding this possible trend. Past performance is not an indicator of future […]
Important price line breached by NZDUSD
A strong resistance level has been breached at 0.5689 on the 4 hour NZDUSD chart. Technical Analysis theory forecasts a movement to 0.5728 in the next 3 days. Past performance is not an indicator of future results. Losses can exceed deposits.
A potential bearish movement on EURJPY
An emerging Channel Down has been detected on EURJPY on the 4 hour chart. There is a possible move towards 155.8416 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.
Is EURGBP likely to correct after this massive movement?
EURGBP has moved lower by 1.62% from 0.84503 to 0.83135 in the last 17 days. Past performance is not an indicator of future results. Losses can exceed deposits.
Rare opportunity on AUDUSD – extreme bullish movement
AUDUSD experienced an extremely large move that lasted 15. This movement is in the 96.0 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.
Either a rebound or a breakout imminent on XAUUSD
An emerging Channel Up has been detected on XAUUSD on the 4 hour chart. There is a possible move towards 2795.1567 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.
EURUSD approaches important level of 1.0222
EURUSD is approaching a support line at 1.0222. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels. Past performance is not an indicator of future results. Losses can exceed deposits.
AUDUSD – Extreme movement, a rare opportunity
AUDUSD hits 0.61825 after a 1.42% move spanning 18 hours. Past performance is not an indicator of future results. Losses can exceed deposits.