• Forex
  • Investments
  • Loyalty program
  • Promotions and contests
  • Analysis
  • Getting started
  • About us

Daily analytical report (12/12/17)

  • First up is the NZDUSD, which is going higher, driven mostly by the false breakout pattern that occurred at the end of last week. Buyers are also supported by the inverse head and shoulders pattern. Buy signal is on as the neckline is already broken.
  • Next up is the EURGBP, which is also having a false breakout scenario here. The price attacked and broke through 0.875, but went higher and came back into the range a few hours later. Yesterday’s candlesticks gave us higher highs and lows which is strongly supporting the positive sentiment here. The closest target is the 0.9 resistance.
  • Last up is EURUSD, which is confusing traders a little bit as on Friday, the daily candle was a hammer, and on Monday; a shooting star. That gives us opposite signals. For a legitimate trading opportunity we have to wait for a breakout either of the 1.181 resistance or the 1.173 support.

Latest reviews

Everyone has the chance to make a profit

You don't need to trade on your own to make a profit. Make a profit by entrusting your funds to experienced traders!


There's a better website for you

A new exciting website with services that better suit your location has recently launched!

Sign up here to collect your 30% Welcome Bonus.