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Forex
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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…
Big movement possible on AUDUSD after a breach of 0.6302
AUDUSD has breached the resistance line at 0.6302. It may continue the bullish trend towards 0.6367, or, it…
Extreme movement experienced on AUDCAD. Check this chart to see what to do next
AUDCAD hits 0.90625 after a 0.55% move spanning 21 hours.
EURCHF is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 11 days.
A Rising Wedge pattern was identified on EURCHF at 0.94546, creating an expectation that it may move to…