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Forex
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An unexpected large move has occurred on USDCAD Daily chart! Is this a sign of something new? What can we expect?
A movement of 1.64% over 16 days on USDCAD doesn’t go unnoticed. You may start considering where it’s…
EURJPY hits 158.7350 after a run of 6 consecutive daily candles spanning 7 days.
Trend followers are probably eagerly watching EURJPY to see if its latest 6 consecutive candles continues. If not,…
AUDJPY has broken through resistance of a Triangle. It has touched this line at least twice in the last 6 days.
AUDJPY has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we…
GBPCHF has broken through a resistance line. It has touched this line numerous times in the last 7 days.
GBPCHF has broken through a resistance line. Because we have seen it retrace from this price in the…
AUDNZD – It’s perhaps in these huge moves where the greatest opportunity lies
AUDNZD has experienced an extremely big movement in last 12 hours. It may continue the trend, but this…
A Rising Wedge has formed, AUDCAD is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
AUDCAD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in…
USDCAD experienced a very large 15 days bearish move to 1.41816
USDCAD has moved lower by 1.67% from 1.44219 to 1.41816 in the last 15 days.
USDJPY likely to test 151.3300 in the near future. Where to next?
USDJPY is moving towards a line of 151.3300 which it has tested numerous times in the past. We…
AUDUSD is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
AUDUSD is heading towards the resistance line of a Channel Up. If this movement continues, the price of…
USDCAD hits 1.41933 after a 1.59% move spanning 12 days
USDCAD dropped sharply for 11 days – which is an excessively big movement for this instrument; exceeding the…