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. 64% of retail investor accounts lose money when […]
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 […]
EURGBP running upward for the last 21 days
An unexpected large move has occurred on EURGBP Daily chart beginning at 0.82743 and ending at 0.84503. Is this a sign of something new? What can we expect in the future? Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading CFDs with this provider. You should […]
A 11 hours run-downward on USDCAD
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.19% move on USDCAD. The movement has happened over the last 11 hours. For those trend followers among you, you may think about riding this possible trend. Past performance is not an indicator of future […]
Resistance breakout on EURJPY
EURJPY has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 162.2374 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout. Past performance is […]
A potential bearish movement on EURCHF
An emerging Descending Triangle has been detected on EURCHF on the 4 hour chart. There is a possible move towards 0.9343 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. 64% of retail investor accounts lose […]
A potential bearish movement on EURCHF
An emerging Descending Triangle has been detected on EURCHF on the 4 hour chart. There is a possible move towards 0.9343 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. 64% of retail investor accounts lose […]
A potential bearish movement on EURCHF
An emerging Descending Triangle has been detected on EURCHF on the 4 hour chart. There is a possible move towards 0.9343 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. 64% of retail investor accounts lose […]