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Forex
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A Rising Wedge has formed, EURJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
EURJPY is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of…
NZDUSD moves higher to 0.5895 in the last 8 days.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
After experiencing a 3.45% bullish move in the space of 9 days, nobody knows where GBPUSD is headed.
An unexpected large move has occurred on GBPUSD Daily chart beginning at 1.27331 and ending at 1.317255. Is…
AUDUSD seems to be on its way to resistance – a possible opportunity?
The price of AUDUSD in heading back to the resistance area. It is possible that it will struggle…
Important resistance line being approached by USDCAD. This price has been tested numerous time in the last 23 days
An emerging Channel Down has been detected on USDCAD on the 4 hour chart. There is a possible…
Could a large bullish move on EURUSD be a sign of things to come?
A movement of 5.54% over 21 days on EURUSD doesn’t go unnoticed. You may start considering where it’s…
NZDUSD has formed 5 bullish candles successively, what is the probability of getting another bullish candle?
After posting 5 consecutive bullish candles in 6 days, you may start considering where NZDUSD is heading next,…
CHFJPY is quickly approaching the support line of a Descending Triangle. We expect either a breakout through this line or a rebound.
Emerging Descending Triangle pattern in its final wave was identified on the CHFJPY 1 hour chart. After a…
Supports and resistances are primary concepts of technical analysis. EURCAD is heading for an important price of 1.5825 – read about what this could mean for the future.
EURCAD is approaching a resistance line at 1.5825. If it hits the resistance line, it may break through…
GBPCHF moves lower to 1.07054 in the last 13 days.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…