Browsing Category
Forex
6945 posts
A possible move on USDJPY as it heads towards support
USDJPY is heading towards the support line of a Falling Wedge. If this movement continues, the price of…
It’s time to make a decision on EURAUD – its recent breach of 1.7922 could be a sign of a new trend to follow.
The price of EURAUD in heading in the direction of 1.8023. Despite the recent breakout through 1.7922 it…
A Channel Up has formed, EURCAD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
A Channel Up pattern was identified on EURCAD at 1.6092, creating an expectation that it may move to…
Could 8 consecutive daily bullish candles on GBPJPY be a sign of things to come?
GBPJPY has experienced an unusual quantity of bullish candles on the Daily timeframe. This is in the 0.98…
Important price line breached by USDJPY. This price has been tested numerous times before.
USDJPY has broken through a line of 147.0225. If this breakout holds true, we could see the price…
NZDUSD is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
NZDUSD is approaching the support line of a Channel Up. It has touched this line numerous times in…
After testing the support line numerous times, EURJPY is once again approaching this line. Can we expect a bearish trend to follow?
EURJPY was identified at around 172.4435 having recently rebounded of the resistance on the 30 Minutes data interval.…
Rare set of bullish consecutive candles on the GBPJPY Daily chart. Can we expect a turn-around?
After posting 7 consecutive bullish candles in 8 days, you may start considering where GBPJPY is heading next,…
AUDCAD is currently testing a level of 0.8983. Will the breakout continue or will things reverse?
AUDCAD has broken through 0.8983 which it has tested numerous times in the past. We have seen it…
EURJPY through 172.33276470588237. Is this a confirming a breakout? Will it continue its path in the current trend toward 173.2395?
Ascending Triangle pattern identified on EURJPY has broken through a resistance level with the price momentum continuing to…