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Forex
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A Channel Down has formed, EURJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Channel Down detected on EURJPY – the pattern is an emerging one and has not yet broken…
USDCHF seems to be on its way to support – a possible opportunity?
USDCHF is heading towards a line of 0.8849. If this movement continues, the price of USDCHF could test…
Could a large bullish move on EURCAD be a sign of things to come?
EURCAD hits 1.48201 after a 1.74% move spanning 5 days.
A Falling Wedge has formed, GBPJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
GBPJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great…
After testing 0.6494 numerous times, AUDUSD has finally broken through. Can we expect a bearish trend to follow?
AUDUSD has broken through a line of 0.6494 and suggests a possible movement to 0.6470 within the next…
GBPUSD moves lower to 1.25933 in the last 21 days.
GBPUSD has experienced an extremely big movement in last 20 days. It may continue the trend, but this…
A Rising Wedge has formed, AUDJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
AUDJPY is moving towards a resistance line which it has tested numerous times in the past. We have…
Supports and resistances are primary concepts of technical analysis. AUDCAD is heading for an important price of 0.9107 – read about what this could mean for the future.
AUDCAD is approaching a resistance line at 0.9107. If it hits the resistance line, it may break through…
AUDUSD – breach of a trending support line that has been tested at least twice before.
AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461…
AUDNZD moves higher to 1.11437 in the last 2 days.
Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8%…