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Because USDCHF formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Channel Up pattern in its final wave was identified on the USDCHF 4 hour chart. After a…
Because EURUSD formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
EURUSD is moving towards a resistance line. Because we have seen it retrace from this line before, we…
Big movement possible on EURAUD after a breach of 1.6292
The price of EURAUD in heading in the direction of 1.6363. Despite the recent breakout through 1.6292 it…
Is the extremely large movement on NZDUSD a sign of things to come?
NZDUSD experienced an extremely large move that lasted 24. This movement is in the 3.0 percentile and is…
After testing resistance twice in the past, EURGBP has finally broken through. Can we expect a bullish trend to follow?
EURGBP moved through the resistance line of a Triangle at 0.8337007407407407 on the 4 hour chart. This line…
Is the extremely large movement on EUR/USD a sign of things to come?
EUR/USD dropped sharply for 28 days – which is an excessively big movement for this instrument; exceeding the…
NZD/USD hits 0.60435 after a 4.75% move spanning 24 days
NZD/USD has moved lower by 4.75% from 0.63448 to 0.60435 in the last 24 days.
USD/CAD moves higher to 1.38179 in the last 29 days.
USD/CAD has moved higher by 2.48% from 1.34841 to 1.38179 in the last 29 days.
AUD/USD may be on a start of a new bearish trend after its breakout through this important support level
AUD/USD has broken through a line of 0.6659 and suggests a possible movement to 0.6635 within the next…
Supports and resistances are primary concepts of technical analysis. NZD/USD is heading for an important price of 0.6028 – read about what this could mean for the future.
A strong support level has been identified at 0.6028 on the 30 Minutes NZD/USD chart. NZD/USD is likely…