bearish technical pattern on EURJPY 4 hour
EURJPY has broken through a support line of a Channel Up and suggests a possible movement to 161.3536 within the next 2 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 […]
What’s going on with USDJPY?
USDJPY hits 154.603 after a 0.89% move spanning 4 hours. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
EURGBP running downward, don’t miss out.
EURGBP hits 0.84048 after a 0.47% move spanning 3 days. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Possible start of a bullish trend on AUDUSD
The breakout of AUDUSD through the 0.6302 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, AUDUSD could test 0.6367 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout. Past performance […]
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. 64% of retail investor accounts lose money when trading […]
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. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you […]
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. 64% of retail investor accounts lose money when […]
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. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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. […]