The last 17 4 hour candles on GBP/USD formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 1.2365.
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EURGBP – It’s perhaps in these huge moves where the greatest opportunity lies
EURGBP has experienced an extremely big movement in last 20 hours. It may continue the trend, but this…
AUDJPY moves lower to 92.3700 in the last 6 days.
Trend followers are probably eagerly watching AUDJPY to see if its latest 5 consecutive candles continues. If not,…
If EURCHF touches 0.9579 it may be time to take action.
EURCHF is moving towards a resistance line. Because we have seen it retrace from this level in the…