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Could 6 consecutive daily bearish candles on EURCHF be a sign of things to come?
EURCHF has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.949999988079071…
A possible move on AUDCAD as it heads towards resistance
AUDCAD was identified at around 0.895865 having recently rebounded of the support on the 4 hour data interval.…
Will AUDJPY break through the support level it tested before?
AUDJPY is en route to a very important line that will be a definite deciding factor of what…
NZDUSD experienced 5 consecutive daily bullish candles to reach a price of 0.6062
After posting 5 consecutive bullish candles in 8 days, you may start considering where NZDUSD is heading next,…
AUDNZD is approaching a support line of a Channel Down. It has touched this line numerous times in the last 10 days.
AUDNZD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…
AUDCAD likely to test 0.8903 in the near future. Where to next?
AUDCAD is about to retest a key horizontal support level near 0.8903. It has tested this level 6…
Rare set of bearish consecutive candles on the USDCHF Daily chart. Can we expect a turn-around?
USDCHF has moved lower after 6 consecutive daily candles from 0.8180 to 0.7983 in the last 9 days.
Because EURCAD formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
EURCAD is approaching the resistance line of a Channel Up. It has touched this line numerous times in…
GBPCHF seems to be on its way to support – a possible opportunity?
GBPCHF is moving towards a key support level at 1.0950. GBPCHF has previously tested this level 3 times…
USDCHF has formed 5 bearish candles successively, what is the probability of getting another bearish candle?
Due to the rate of consecutive bearish candles on USDCHF Daily chart we could be in for a…