Technical Analysis
A Channel Down pattern was identified on AUDUSD at 0.65153, creating an expectation that it may move to the support line at 0.6464. It may break through that line and
NZDUSD is heading towards the support line of a Channel Down and could reach this point within the next 3 days. It has tested this line numerous times in the
LTCUSD is heading towards the resistance line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the
ETHUSD is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
A strong resistance level has been breached at 70332.3906 on the 30 Minutes BTCUSD chart. Technical Analysis theory forecasts a movement to 71507.3281 in the next 18 hours. Supported by
Triangle pattern identified on BTCUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price
AUDUSD has broken through a line of 0.6504. If this breakout holds true, we could see the price of AUDUSD heading towards 0.6453 within the next 21 hours. But don’t
The movement of EURUSD towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could
The price of USDCAD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The
USDJPY has broken through the support line of a Pennant technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation