A potential bullish movement on ESP35
ESP35 is moving towards a key resistance level at 11814.0400. ESP35 has previously tested this level 4 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 […]
EURJPY was on its way up
Those of you that are trend followers are probably eagerly watching EURJPY to see if its latest 4.75% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 28 days move. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading […]
AUDUSD is moving, act now
AUDUSD hits 0.62232 after a 4.43% 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.
A potential bullish movement on EURJPY
Emerging Rising Wedge detected on EURJPY – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 164.548 and it is expected to move to 165.4300. Past performance is […]
Channel Down breakout on ESP35
Channel Down pattern identified on ESP35 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 11605.5464 in the next 2. Past performance is not an indicator of future results. 64% of retail investor accounts lose money […]
Is NZDUSD likely to correct after this massive movement?
NZDUSD experienced an extremely large move that lasted 29. This movement is in the 5.0 percentile and is uncommon. It is not unusual to witness a pullback after such a big movement. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading CFDs with this provider. You […]
Possible start of a bullish trend as HKG33 breaks resistance
HKG33 is once again retesting a key horizontal resistance level at 19970.0293. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend. Past performance is not an indicator of future results. […]
Resistance line breached by EURGBP
EURGBP moved through the resistance line of a Triangle at 0.8309156666666668 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 0.8354. Past performance is not an indicator […]
What’s going on with AUDUSD?
AUDUSD dropped sharply for 27 days – 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 AUDUSD there is a chance that we will witness a correction, no matter how brief. Past performance is not an […]
EURJPY running upward, don’t miss out.
Those of you that are trend followers are probably eagerly watching EURJPY to see if its latest 3.91% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 24 days move. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading […]