EURJPY approaches important level of 163.0710
EURJPY is moving towards a key support level at 163.0710. This is a previously tested level for EURJPY. This could be a good trading opportunity, either at the spot price, or after breaching this level. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading CFDs with […]
AUDUSD – getting close to psychological price line
AUDUSD is heading towards a line of 0.6193. If this movement continues, the price of AUDUSD could test 0.6193 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding. Past performance is not […]
HKG33 broke through important 19558.5508 price line
HKG33 has breached the support line at 19558.5508. It may continue the bearish trend towards 18810.6543, 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 […]
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. 64% of retail investor accounts […]
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. 64% of retail investor accounts […]
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 final push possible on HKG33
HKG33 is moving towards a line of 19607.1992 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 HKG33 continues in its current trajectory, we […]
A potential bearish movement on ESP35
ESP35 is approaching the support line of a Channel Up. It has touched this line numerous times in the last 19 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 […]
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. 64% of retail investor accounts lose money when trading CFDs with this […]
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. 64% of retail investor accounts lose money when trading […]