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Forex
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Because AUDUSD formed a Channel Up pattern, we expect it to touch the support line. If it breaks through support it may move much lower
AUDUSD is moving towards a support line which it has tested numerous times in the past. We have…
Will EURUSD break through the support level it tested before?
EURUSD is heading towards 1.1728 and could reach this point within the next 11 hours. It has tested…
GBPJPY formed a Falling Wedge on the 4 hour chart. Retest of support in sight.
The movement of GBPJPY towards the support line of a Falling Wedge is yet another test of the…
Will AUDNZD break through the resistance level it tested before?
A strong resistance level has been identified at 1.0954 on the 1 hour AUDNZD chart. AUDNZD is likely…
EURGBP through 0.8661379310344827. Is this a confirming a breakout? Will it continue its path in the current trend toward 0.8642?
EURGBP has broken through a support line of a Triangle chart pattern. If this breakout holds true, we…
EURUSD has broken through a resistance line. It has touched this line numerous times in the last 12 days.
EURUSD has broken through 1.1722 which it has tested numerous times in the past. We have seen it…
A Channel Down has formed, USDJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
USDJPY was identified at around 147.209 having recently rebounded of the support on the 1 hour data interval.…
USDCAD is currently testing a level of 1.3670. Will the breakout continue or will things reverse?
USDCAD has breached the support line at 1.3670. It may continue the bearish trend towards 1.3587, or, it…
A possible move by GBPCHF towards 1.0692
GBPCHF has broken through the support line which it has tested twice in the past. We have seen…
AUDCAD has broken through a level it has tested 6 times in the recent past.
AUDCAD has broken through a support line. Because we have seen it retrace from this price in the…