Weekly Andrews Pitchfork chart $AUDUSD
Category: Blog
In this article, we are drawing Pitchfork channels on AUDUSD. On the weekly AUDUSD chart, we can see that the pair is in a downside Pitchfork channel, connecting April ’11 high, Feb ’16 low and Jul ’18 upside correction swing. A recent break below the strong horizontal 0.7477 resistance is
In this article, we will share the real swing triangle trading example for the EURUSD. Consolidations are usually hard to trade. You never know where is the beginning of a triangle and when it will approach its end. As with any pattern on the market, this one as well is
EM market currency report snapshot
Category: Blog
In this article, we will take a look at the Emerging Market Currencies. Lately, we have a strong USD strengthening against these currencies which could be a worrying sign of their incoming weakness or a trade war. No matter the reason is, we could see a new crisis looming in
In this article, we want to give you a “heads up” on USDJPY. The pair is bouncing off the strong uptrend support confluence 110.500-110.850 zone. When you look at the big picture, you can also see the rounded bottom and the price action ready to explode higher from “eclipsed” wedge.
Cryptocurrency overview
Category: Blog
Cryptocurrencies trading overview – Ethereum, Bitcoin, Litecoin, Ripple, EOS Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument broke below an important downside resistance 567 level. After the brief test of 414 the instrument is pulling back again to 550 downside support
