Breakout Identified in AUDUSD

The Breakout Opportunities system has just bought AUDUSD at 0.77457. The system recommends entering this trade at any price between 0.77262 and 0.7761. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -1.63074, suggesting that the AUDUSD may have further...

GBPJPY facing bullish pressure, potential for further upside

Prices are currently holding above the ascending trendline support. Prices might pullback to the 1st support which coincides with 78.6% Fibonacci extension and 50% retracement. Prices might push up towards the 1st resistance level which coincides with 161.8% Fibonacci retracement and 61.8% Fibonacci confluence area. If prices fall through ascending...