A potential bullish movement on EURCHF
EURCHF is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days. Past performance is not an indicator of future results. Losses can exceed deposits.
AUDUSD breakout through resistance
AUDUSD has breached the resistance line at 0.6289. It may continue the bullish trend towards 0.6365, 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.
EURJPY – support line breached
EURJPY has broken through a support line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 161.6035 within the next 18 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
EURUSD short term bullish trade setup to 1.0436
EURUSD is moving towards a key resistance level at 1.0436. EURUSD has previously tested this level 5 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.
Rare opportunity on EURGBP – extreme bullish movement
EURGBP hits 0.84526 after a 2.15% move spanning 24 days. Past performance is not an indicator of future results. Losses can exceed deposits.
A final push possible on AUDUSD
The movement of AUDUSD towards 0.6249 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 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines. […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could 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 […]
USDCAD 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 1.2% move on USDCAD. The movement has happened over the last 5 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 breakout or a rebound on AUDUSD?
AUDUSD is moving towards a key resistance level at 0.6289. AUDUSD has previously tested this level 3 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.
Either a rebound or a breakout imminent on GBPUSD
GBPUSD is heading towards the support line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]