ESP35 approaching important level of 11879.1504
ESP35 is moving towards a key resistance level at 11879.1504. ESP35 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 […]
Big movement possible on NZDUSD
NZDUSD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 13 days and suggests a possible target level to be around 0.5587 within the next 2 […]
EURJPY approaching support level
A strong support level has been identified at 162.3450 on the 1 hour EURJPY chart. EURJPY is likely to test it soon. 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 […]
Breach of important price line imminent by HKG33
A strong resistance level has been identified at 20266.8906 on the 30 Minutes HKG33 chart. HKG33 is likely to test it soon. 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 […]
ESP35 approaching resistance of a Rising Wedge
A Rising Wedge pattern was identified on ESP35 at 11585.62, creating an expectation that it may move to the resistance line at 11662.8369. 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 […]
EURCHF – Continuation Chart Pattern – Rising Wedge
An emerging Rising Wedge has been detected on EURCHF on the 1 hour chart. There is a possible move towards 0.9450 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels. Past performance is not an indicator of future results. 64% of retail investor accounts lose […]
AUDUSD was on its way down
Those of you that are trend followers are probably eagerly watching AUDUSD to see if its latest 4.51% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 33 days move. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading […]
USDCAD breakout through support
Channel Up pattern identified on USDCAD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 1.4323 in the next 2. Past performance is not an indicator of future results. 64% of retail investor accounts lose money […]
HKG33 approaches important level of 19779.5293
HKG33 is moving towards a key support level at 19779.5293. HKG33 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 […]
EURGBP – Continuation Chart Pattern – Rectangle
EURGBP is trapped in a Rectangle 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 […]