BDSwiss Official Channel [Market News & Trading Alerts]

2022-05-25 09:23:31 Today's schedule: US durable goods orders & FOMC minutes. Also Lagarde comments Open / Comment

2022-05-25 01:23:16 Resistance line breached by EUR/CAD
EUR/CAD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1.3846 may materialize within the next 7 days.

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2022-05-24 15:36:19

Open / Comment

2022-05-24 14:15:07 Should we expect a breakout or a rebound on AUD/JPY?
The movement of AUD/JPY towards 89.2910 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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2022-05-24 11:14:25 https://bdswiss.com/research-analysis/market-preview/market-post/eur-chf-up-on-monetary-policy-outlook-preliminary-pmis-rbnz/?utm_source=telegram&utm_medium=social&utm_campaign=daily-analysis Open / Comment

2022-05-24 09:25:42 Will AUD/USD have enough momentum to break resistance?
AUD/USD is heading towards the resistance line of a Channel Up and could reach this point within the next 14 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn't happen, we could see a retracement back down to current levels.

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2022-05-24 08:50:34 The preliminary PMIs from the major industrial countries are the big news today, plus the RBNZ meeting overnight. Open / Comment

2022-05-23 14:17:33 Either a rebound or a breakout imminent on EUR/AUD
EUR/AUD is heading towards a line of 1.5060. If this movement continues, the price of EUR/AUD could test 1.5060 within the next 2 days. 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.

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2022-05-23 11:58:03

Open / Comment

2022-05-23 09:13:41 Possible start of a bullish trend on AUD/USD
AUD/USD has broken through a line of 0.7054. If this breakout holds true, we could see the price of AUD/USD heading towards 0.7219 within the next 4 days. But don't be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.

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