EURJPY broke through important 162.0450 price line
A strong resistance level has been breached at 162.0450 on the 15 Minutes EURJPY chart. Technical Analysis theory forecasts a movement to 162.8594 in the next 16 hours. Past performance is not an indicator of future results. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you […]
EURCHF is on its way up
EURCHF experienced an extremely large move that lasted 15. This movement is in the 95.0 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. 63% of retail investor accounts lose money when trading CFDs with this provider. You […]
USDCAD approaches important level of 1.4369
USDCAD is approaching a support line at 1.4369. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels. Past performance is not an indicator of future results. 63% of retail investor accounts lose money when trading CFDs with this […]
Confirmed breakout on EURJPY 15 Minutes chart
The breakout of EURJPY through the 161.0210 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, EURJPY could test 161.8344 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout. Past performance […]
bearish technical pattern on AUDUSD 4 hour
AUDUSD has broken through a support line of a Triangle and suggests a possible movement to 0.6242 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back […]
Where is EURGBP moving to?
EURGBP hits 0.8432 after a 2.21% move spanning 13 days. Past performance is not an indicator of future results. 63% 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.
EURCHF is on its way up
A movement of 2.88% over 13 days on EURCHF 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. 63% of retail investor accounts lose money when trading CFDs with this […]
GBPUSD experienced an exceptionally large movement
GBPUSD rose sharply for 12 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 GBPUSD there is a chance that we will witness a correction, no matter how brief. Past performance is not an […]
A possible start of a bearish trend on EURUSD
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 1.0768 but consider reducing the size of your position as the price gets […]
A potential bullish movement on EURCHF
EURCHF is trapped in a Channel Up 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 […]