Either a rebound or a breakout imminent on ESP35
ESP35 is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
Dramatic change in EURJPY. A sign of things to come?
An unexpected large move has occurred on EURJPY Daily chart beginning at 157.25 and ending at 163.337. 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 […]
Should we expect a breakout or a rebound on EURGBP?
EURGBP is approaching the support line of a Descending Triangle. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 3 days. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading […]
Breach of important price line imminent by HKG33
HKG33 is approaching a resistance line at 19970.0293. If it hits the resistance line, it may break through this level to continue the bullish trend, or it may turn around back to current levels. Past performance is not an indicator of future results. 64% of retail investor accounts lose money when trading CFDs with this […]
EURJPY is moving, act now
EURJPY has moved higher by 3.91% from 157.25 to 163.392 in the last 18 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.
HKG33 is on the approach
HKG33 is moving towards a line of 19489.5898 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 […]
EURGBP was on its way up
EURGBP has moved higher by 0.91% from 0.82243 to 0.82989 in the last 20 hours. 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.
Dramatic change in EURUSD. A sign of things to come?
EURUSD hits 1.03505 after a 2.06% move spanning 14 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.
Possible breach of resistance level by ESP35
An emerging Channel Down has been detected on ESP35 on the 1 hour chart. There is a possible move towards 11538.1965 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 running downward for the last 20 days
AUDUSD dropped sharply for 20 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 […]