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 […]
A potential bullish movement on HKG33
The price of HKG33 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so. Past performance is not an […]
Where is AUDUSD moving to?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 4.77% move on AUDUSD. The movement has happened over the last 36 days. 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 HKG33
Emerging Head and Shoulders pattern in its final wave was identified on the HKG33 1 hour chart. After a strong bearish run, we find HKG33 heading towards the upper triangle line with a possible resistance at 19553.3147. If the support shows to hold, the Head and Shoulders pattern suggests a rebound back towards current levels. […]
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. 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.
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. 64% of retail investor accounts lose money when trading […]
Where is USDCHF moving to?
A movement of 3.31% over 28 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 […]
A final push possible on HKG33
HKG33 is heading towards 19530.2598 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels. […]
Continuation pattern on AUDUSD
AUDUSD has broken through a support line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 0.6162 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]