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Forex
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A Rising Wedge has formed, AUDJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
AUDJPY is moving towards a resistance line which it has tested numerous times in the past. We have…
Supports and resistances are primary concepts of technical analysis. AUDCAD is heading for an important price of 0.9107 – read about what this could mean for the future.
AUDCAD is approaching a resistance line at 0.9107. If it hits the resistance line, it may break through…
AUDUSD – breach of a trending support line that has been tested at least twice before.
AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461…
AUDNZD moves higher to 1.11437 in the last 2 days.
Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8%…
After trying numerous times in the past, CHFJPY finally breaks 174.3430!
The price of CHFJPY in heading in the direction of 173.4600. Despite the recent breakout through 174.3430 it…
A Falling Wedge has formed, AUDCAD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
An emerging Falling Wedge has been detected on AUDCAD on the 4 hour chart. There is a possible…
EURGBP moves higher to 0.8356 in the last 10 days.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
USDCAD is quickly approaching a very important level it has previously tested numerous times in the past
USDCAD is approaching a support line at 1.3946. If it hits the support line, it may break through…
Breach of resistance could mean a start of a bullish trend on AUDJPY
AUDJPY has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true,…
AUDCAD is approaching 0.9087. We expect either a breakout through this line, or a rebound.
AUDCAD is moving towards a key support level at 0.9087. This is a previously tested level for AUDCAD.…