Should we expect a bullish trend on EURUSD?Should we expect a bullish trend on EURUSD?
EURUSD has broken through a line of 1.0538 and suggests a possible movement to 1.0616 within the next 2 days. It has tested this line numerous times in the past,
Category: Technical Analysis
Technical Analysis
ETHUSD – Continuation Chart Pattern – Channel UpETHUSD – Continuation Chart Pattern – Channel Up
Emerging Channel Up pattern in its final wave was identified on the ETHUSD 4 hour chart. After a strong bearish run, we find ETHUSD heading towards the upper triangle line
A final push possible on DOW 30A final push possible on DOW 30
DOW 30 is about to retest a key horizontal support level near 44703.4688. It has tested this level 3 times in the recent past and could simply bounce off like
AUDUSD approaching resistance of a Channel DownAUDUSD approaching resistance of a Channel Down
Emerging Channel Down pattern in its final wave was identified on the AUDUSD 4 hour chart. After a strong bullish run, we find AUDUSD heading towards the upper triangle line
NZDUSD short term bullish trade setup to 0.5910NZDUSD short term bullish trade setup to 0.5910
NZDUSD is moving towards a line of 0.5910 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at
A potential bullish movement on ASX 225A potential bullish movement on ASX 225
ASX 225 is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching
GBPUSD approaching resistance levelGBPUSD approaching resistance level
GBPUSD is heading towards a line of 1.2712. If this movement continues, the price of GBPUSD could test 1.2712 within the next 19 hours. But don’t be so quick to
USDCHF – getting close to support of a Descending TriangleUSDCHF – getting close to support of a Descending Triangle
An emerging Descending Triangle has been detected on USDCHF on the 4 hour chart. There is a possible move towards 0.8792 next few candles. Once reaching resistance it may continue
AUDUSD is on the approachAUDUSD is on the approach
AUDUSD is about to retest a key horizontal resistance level near 0.6533. It has tested this level 5 times in the recent past and could simply bounce off like it
Will USDJPY have enough momentum to break resistance?Will USDJPY have enough momentum to break resistance?
USDJPY is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it