Should we expect a bullish trend on EURUSD?

The breakout of EURUSD through the 1.1732 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of EURUSD to test 1.1744 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation […]

Will GBPJPY have enough momentum to break support?

GBPJPY is heading towards the support line of a Channel Down and could reach this point within the next 20 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]

Should we expect a bullish trend on AUDJPY?

The breakout of AUDJPY through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of AUDJPY to test 79.7554 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any […]