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Forex
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We expect NZDUSD to trend downwards today with a 75% chance.
Based on the last 12 Inflation Rate YoY events in Japan, NZDUSD could trend downwards later today. Based…
We expect GBPUSD to trend downwards today.
Based on the last 12 GfK Consumer Confidence events in United Kingdom, we could expect GBPUSD to trend…
A final push possible on NZD/USD as it starts approaching a price line of 0.6237.
NZD/USD is heading towards 0.6237 and could reach this point within the next 2 days. It has tested…
There is a possibility of a big movement on USD/CHF after a breach of the resistance
USD/CHF has broken through a resistance line of a Falling Wedge and suggests a possible movement to 0.9815…
A $1,997.097 movement could be seen on USDCAD within 48 hours following the release of Continuing Jobless Claims.
If the released value is > 1315K for the Continuing Jobless Claims event, we could see a $1,997.097…
After testing 1.0543 numerous times, EUR/USD is once again approaching this price point. Can we expect a bullish trend to follow?
The movement of EUR/USD towards 1.0543 price line is yet another test of the line it reached numerous…
USD/CAD – approaching a price line that has been previously tested numerous times in the past
USD/CAD is moving towards a resistance line. Because we have seen it retrace from this level in the…
A final push possible on GBP/USD as it starts approaching a price line of 1.2343.
GBP/USD is heading towards 1.2343 and could reach this point within the next 3 days. It has tested…
USD/JPY has broken through support of a Pennant. It has touched this line at least twice in the last 6 days.
USD/JPY has broken through a support line. It has touched this line at least twice in the last…
Breach of support could mean a start of a bearish trend on AUD/USD
AUD/USD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we…