A final push possible on NZDUSD
NZDUSD is moving towards a key resistance level at 0.5662. This is a previously tested level for NZDUSD. 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 […]
Possible start of a bullish trend as EURCHF breaks resistance
EURCHF has broken through a resistance line. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 0.9390 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 […]
XAGUSD approaching important level of 29.7170
A strong resistance level has been identified at 29.7170 on the 1 hour XAGUSD chart. XAGUSD 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 […]
Important price line breached by HKG33
HKG33 is once again retesting a key horizontal resistance level at 19958.2500. It has tested this level 5 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. […]
Extreme movement on AUDUSD
AUDUSD dropped sharply for 25 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 […]
A potential bearish movement on GBPUSD
GBPUSD was identified at around 1.25125 having recently rebounded of the resistance on the 4 hour data interval. Ultimately, the price action of the stock has formed a Falling Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 1.2382 level. Past […]
Dramatic change in NZDUSD. A sign of things to come?
NZDUSD dropped sharply for 24 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 NZDUSD there is a chance that we will witness a correction, no matter how brief. Past performance is not an […]
HKG33 approaching important level of 19970.0293
HKG33 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 17 days and may test it again within the next […]
USDCAD was on its way up
An unexpected large move has occurred on USDCAD Daily chart beginning at 1.40045 and ending at 1.43604. 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 […]
Extreme movement on AUDUSD
AUDUSD hits 0.62546 after a 3.95% move spanning 25 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.