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USDCHF is quickly approaching a very important level it has previously tested numerous times in the past
USDCHF is about to retest a key horizontal support level near 0.9054. It has tested this level 5…
EURJPY – approaching a support line that has been previously tested at least twice in the past
Emerging Falling Wedge pattern in its final wave was identified on the EURJPY 1 hour chart. After a…
If AUDUSD touches 0.6260 it may be time to take action.
AUDUSD is heading towards 0.6260 and could reach this point within the next 2 days. It has tested…
GBPJPY formed a Rising Wedge on the 4 hour chart. Retest of resistance in sight.
GBPJPY is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great…
After testing 1.4405 numerous times, USDCAD has finally broken through. Can we expect a bullish trend to follow?
USDCAD is once again retesting a key horizontal resistance level at 1.4405. It has tested this level 5…
EURUSD – It’s perhaps in these huge moves where the greatest opportunity lies
EURUSD rose sharply for 14 days – which is an excessively big movement for this instrument; exceeding the…
There is a possibility of a big movement on EURJPY after a breach of the support
EURJPY has broken through the support line of a Channel Up technical chart pattern. Because we have seen…
GBPUSD formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
GBPUSD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in…
Could a large bearish move on EURGBP be a sign of things to come?
An unexpected large move has occurred on EURGBP 1 hour chart beginning at 0.84443 and ending at 0.84048.…
NZDUSD is currently testing a level of 0.5693. Will the breakout continue or will things reverse?
The breakout of NZDUSD through the 0.5693 price line is a breach of an important psychological price that…