BDSwiss Official Channel [Market News & Trading Alerts]

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Breach of important price line imminent by GBP/USD GBP/USD is moving towards a key support level at 1.3443. GBP/USD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through? https://dashboard.bdswiss.com/login

EUR/CAD - psychological price line breached EUR/CAD has broken through 1.5637 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EUR/CAD may be heading towards 1.5675 within the next 17 hours. https://dashboard.bdswiss.com/login

A potential bullish movement on AUD/USD An emerging Channel Up has been detected on AUD/USD on the 4 hour chart. There is a possible move towards 0.6573 next few candles. Once reaching support it may continue its bullish run or reverse back to current price levels. https://dashboard.bdswiss.com/login

bearish technical pattern on NZD/USD 30 Minutes The last 8 30 Minutes candles on NZD/USD formed a Channel Up pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 0.5999. https://dashboard.bdswiss.com/login

EUR/USD approaching important level of 1.1409 EUR/USD is heading towards a line of 1.1409. If this movement continues, the price of EUR/USD could test 1.1409 within the next 13 hours. 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. https://dashboard.bdswiss.com/login

EUR/AUD approaching support of a Falling Wedge EUR/AUD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn't clear whether it will breach this line or rebound as it did before. If EUR/AUD continues in its current trajectory, we could see it reach 1.7516 within the next 22 hours. https://dashboard.bdswiss.com/login

A potential bearish movement on NZD/JPY NZD/JPY is approaching a support line at 85.3570. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels. https://dashboard.bdswiss.com/login

Should we expect a breakout or a rebound on EUR/AUD? EUR/AUD is moving towards a key support level at 1.7472. EUR/AUD has previously tested this level 5 times and on each occasion it has bounced back off this level. Is this finally the time it will break through? https://dashboard.bdswiss.com/login

Confirmed breakout on AUD/JPY 4 hour chart The price of AUD/JPY in heading in the direction of 93.6845. Despite the recent breakout through 92.9300 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back. https://dashboard.bdswiss.com/login

EUR/AUD - getting close to resistance of a Rising Wedge EUR/AUD is heading towards the resistance line of a Rising Wedge and could reach this point within the next 2 days. 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. https://dashboard.bdswiss.com/login

EUR/JPY is on the approach The price of EUR/JPY in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so. https://dashboard.bdswiss.com/login

AUD/JPY approaching support of a Channel Down Emerging Channel Down pattern in its final wave was identified on the AUD/JPY 15 Minutes chart. After a strong bearish run, we find AUD/JPY heading towards the upper triangle line with a possible resistance at 92.3309. If the support shows to hold, the Channel Down pattern suggests a rebound back towards current levels. https://dashboard.bdswiss.com/login

EUR/NZD - Continuation Chart Pattern - Channel Down EUR/NZD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days. https://dashboard.bdswiss.com/login

Confirmed breakout on NZD/JPY 1 hour chart NZD/JPY moved through the support line of a Channel Up at 86.01036842105263 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 85.6478. https://dashboard.bdswiss.com/login

USOIL approaching support level A strong support level has been identified at 61.69 on the 1 hour USOIL chart. USOIL is likely to test it soon. https://dashboard.bdswiss.com/login

Either a rebound or a breakout imminent on EUR/AUD EUR/AUD is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a resistance line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start of a new trend. It may also be that this convergence factor may result in the ideal setup for swing traders that are on the lookout for a possible bounce-back. Whatever happens, an initial move towards 1.7436 is expected in the short term. https://dashboard.bdswiss.com/login

Possible start of a bullish trend on AUD/JPY A strong resistance level has been breached at 93.0420 on the 1 hour AUD/JPY chart. Technical Analysis theory forecasts a movement to 93.3832 in the next 9 hours. https://dashboard.bdswiss.com/login

AUD/USD - getting close to psychological price line The movement of AUD/USD towards 0.6458 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 22 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines. https://dashboard.bdswiss.com/login

Should we expect a breakout or a rebound on GBP/NZD? GBP/NZD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 2 days. https://dashboard.bdswiss.com/login