EURUSD broke through important 1.0372 price line
EURUSD has broken through 1.0372 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EURUSD may be heading towards 1.0293 within the next 2 days. Past performance is not an indicator of future results. Losses can exceed deposits.
A potential bullish movement on EURCHF
A Channel Up pattern was identified on EURCHF at 0.94235, creating an expectation that it may move to the resistance line at 0.9454. 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.
A possible start of a bullish trend on GBPUSD
GBPUSD has broken through the resistance 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 1.2588 may materialize within the next 3 days. Past performance […]
A 4 days run-upward on EURJPY
Those of you that are trend followers are probably eagerly watching EURJPY to see if its latest 1.36% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 4 days move. Past performance is not an indicator of future results. Losses can exceed deposits.
USDCHF is moving, act now
A movement of 3.5% over 32 days on USDCHF 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.
USDCAD is moving, act now
Those of you that are trend followers are probably eagerly watching USDCAD to see if its latest 0.48% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 3 days move. Past performance is not an indicator of future results. Losses can exceed deposits.
EURJPY has broken through resistance
EURJPY has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of EURJPY testing 162.5389 within the next 9 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
USDCHF was on its way up
USDCHF hits 0.91207 after a 3.81% move spanning 29 days. Past performance is not an indicator of future results. Losses can exceed deposits.
EURJPY is on its way down
EURJPY dropped sharply for 21 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 […]
NZDUSD is moving, act now
Those of you that are trend followers are probably eagerly watching NZDUSD to see if its latest 5.51% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 34 days move. Past performance is not an indicator of future results. Losses can exceed deposits.