Important price line breached by EURJPY
EURJPY has broken through 162.3915 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, EURJPY may be heading towards 161.9438 within the next 2 days. Past performance is not an indicator of future results. Losses can exceed deposits.
EURUSD experienced an exceptionally large movement
An unexpected large move has occurred on EURUSD 1 hour chart beginning at 1.134825 and ending at 1.10885. Is this a sign of something new? What can we expect in the future? Past performance is not an indicator of future results. Losses can exceed deposits.
EURGBP is on its way up
EURGBP hits 0.845235 after a 0.54% move spanning 2 days. Past performance is not an indicator of future results. Losses can exceed deposits.
Is USDCHF likely to correct after this massive movement?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.33% move on USDCHF. The movement has happened over the last 15 hours. For those trend followers among you, you may think about riding this possible trend. Past performance is not an indicator of future […]
A potential bearish movement on EURCHF
EURCHF is moving towards a line of 0.9330 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 EURCHF continues in its current trajectory, we […]
Possible breach of support level by EURJPY
EURJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
AUDUSD – getting close to psychological price line
AUDUSD is approaching a support line at 0.6383. 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.
Where is XAUUSD moving to?
XAUUSD experienced an extremely large move that lasted 12. This movement is in the 5.0 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.
Should we expect a breakout or a rebound on EURCHF?
EURCHF is heading towards the resistance line of a Channel Up. If this movement continues, the price of EURCHF could test 0.9450 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past. Past […]
A potential bearish movement on XAGUSD
XAGUSD is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start of […]