Information Hub for
Serious Traders

GBPUSD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of GBPUSD testing 1.3162 within the next 7 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]

USDJPY is heading towards a line of 113.3030. If this movement continues, the price of USDJPY could test 113.3030 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

EURGBP has moved higher by 0.98% from 0.849 to 0.858 in the last 2 days.

AUDJPY has moved lower by 5.98% from 85.86 to 80.031 in the last 48 days.

The movement of GBPUSD towards the support line of a Pennant is yet another test of the line it reached numerous times in the past. This line test could happen in the next 19 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current […]

EURCHF has broken through a resistance line of a Channel Down and suggests a possible movement to 1.0462 within the next 14 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]

AUDUSD has moved lower by 6.52% from 0.751 to 0.705 in the last 41 days.

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 1.72% move on USDCHF. The movement has happened over the last 11 days. For those trend followers among you, you may think about riding this possible trend.

USDCAD has moved higher by 3.84% from 1.232 to 1.284 in the last 45 days.

Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 0.73% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 4 days move.