In the last 6 months, the movement of EURUSD and USDJPY fluctuated in opposite directions. However in the last 2 weeks, they have been moving together. Based on historical movement, we expect them to start moving in opposite direction again.
In the last 6 months, the movement of USDCHF and USDJPY fluctuated together. However in the last 2 weeks, they have been moving in opposite directions. Based on historical movement, we expect them to start moving together again.
By: Dima Chernovolov EUR/NZD continues to fall inside the 15-minute Descending Triangle chart pattern, which was recently identified by Autochartist. The Quality of this chart pattern is rated by Autochartist at the 6-bar level – which reflects the low Initial Trend (2 bars), significant Uniformity (7 bars) and near-maximum Clarity (9 bars). The price is […]
ACFX failing to pay withdrawals after license suspension, entire management leaves: FinanceFeeds investigates Full investigation into ACFX – We interview staff, former employees, and clients with balances ranging from $1,500 to over $80,000 as withdrawals remain outstanding and management leave the firm. Read more via FinanceFeeds Some FX brokers choosing not […]
Traders that follow one simple rule are 3.118 times more likely to be profitable 12 months later than those that don’t. The critical feature of profitable traders is their reward to risk ratio. Yes, you’ve probably read that before, but this time it’s backed up with research. FXCM studied 43 million real trades from traders […]
By: Dima Chernovolov CAD/JPY continues to fall – after the recent breakout of the Rising Wedge chart pattern which was previously identified by Autochartist on the hourly charts. The overall Quality for this chart pattern is measured by Autochartist at the 6 bar level – which reflects sharp Initial Trend (rated at the maximum, 10-bar […]
In the last 6 months, the movement of USDCHF and EURUSD fluctuated in opposite directions. However in the last 2 weeks, they have been moving together. Based on historical movement, we expect them to start moving in opposite direction again.
By: Dima Chernovolov Autochartist recently identified the uniform Down Channel on the 4-hour AUD/JPY charts. Autochartist rates the overall Quality of this chart pattern at the 6 bar level – which reflects the average Initial Trend (5 bars), near-maximum Uniformity (8 bars) and significant Clarity (6 bars). AUD/JPY is expected to rise toward the upper […]
In the last 6 months, the movement of USDCHF and EURUSD fluctuated in opposite directions. However in the last 2 weeks, they have been moving together. Based on historical movement, we expect them to start moving in opposite direction again.
In the last 6 months, the movement of USDCHF and EURUSD fluctuated in opposite directions. However in the last 2 weeks, they have been moving together. Based on historical movement, we expect them to start moving in opposite direction again.
