DJ30 Getting to the pointy end of things

Happy Monday, traders. Flicking through some charts over the weekend and I came across this beauty for the Dow Jones, or DJ30. As you can see we have two diagonal trendlines that have been tested multiple times and we’re getting …

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A Brief Breakdown of Forex Chart Patterns

Whether you’ve been trading the Forex market for a long time or a quite new to it, chances are you’ve heard about chart patterns and the importance of technical analysis. Today, we’ll go through the most important chart patterns in …

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Breakout Looming for USDTRY

Happy Friday Traders! I wanted to bring to your attention a potential trading opportunity for the USDTRY pair. I’ve been watching this one for a while and price has continued to respect both the upper and lower boundaries of this …

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A Lesson in Support and Resistance in the Forex Market

In the Forex Market, a currency pair, or any other trading instrument for that matter, is always in one of two phases; a trending phase or a consolidation period. Throughout strong trending periods, prices tend to move uninterrupted from one …

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Nifty 50 Breaches Recent Support

Hi there Traders, Flipping through some charts this morning and noticed what could be a classic topping pattern in the INDIA 50, or Nifty as it’s affectionately known as. What tends to happen with government debt, is that they sell …

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Vantage FX announces the launch of a new affiliate program and strategic partnership with Cellxpert

Global Forex broker Vantage FX is proud to announce its recent partnership with Cellxpert, aimed at bolstering their already successful CPA program. And to celebrate, for a limited time only, when affiliates become a Vantage FX CPA Partner, they’ll receive …

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What’s GBPCAD Going to do Here?

G’day Traders, I hope you all had an awesome weekend! As shown in the weekly chart below, it looks as though something is on the horizon for GBPCAD as price lingers around some pretty heavy resistance. We’re presented with two …

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Possible Inverse Head and Shoulders on the Kiwi

Happy Friday Traders! I’ve been watching this chart for a while now and it looks as if we’re soon approaching decision time for NZD/USD. As shown on the daily chart below, the Kiwi / US pair is displaying a potential …

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What’s our old friend GOLD up to?

Happy Friday traders, It’s been a shaky several days across the indexes lately, but what’s our old friend GOLD up to? Let’s take a look at a weekly chart. XAUUSD Weekly: After breaking out of our downtrend line last year …

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Possible bear flag forming in NZDUSD

Good morning traders, We’re presented with a potential short setup in NZDUSD. Consider the 4 hour chart of NZDUSD below: As you can see in the chart above, price has recently broke out of a short term uptrend. While this …

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