Breakout Identified in EURUSD

The Breakout Opportunities system has just bought EURUSD at 1.20408. The system recommends entering this trade at any price between 1.20302 and 1.20555. The signal was issued because the EURUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.31365, suggesting that the EURUSD may have further...

CADCHF facing bearish pressure | 21st Apr 2021

CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from...

CADCHF facing bearish pressure | 21th Apr 2021

CADCHF facing bearish pressure from descending trendline resistance which is in line with horizontal swing high resistance, 50% Fibonacci retracement, and 78.6% Fibonacci extension. Prices might push down further towards horizontal swing low support which coincides with 161.8% Fibonacci retracement. If prices push up further, prices might face resistance from...