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

Daily analytical report (29/03/18)

  • There’s currently a beautiful head and shoulders pattern on the Cable. The formation is already active as the price has broken the neckline. It’s even been tested as a resistance. As long as we stay below 1.408, the sentiment is negative and we should see a further drop.
  • EURCAD also has a head and shoulders formation, but the thing is that we haven’t broken the neckline yet. This is what sellers are expecting and hoping for now. A breakout of the neckline would be a strong signal to go short with a nice risk-to-reward ratio. The target for this slide is more than 500 pips lower. Tempting, huh?
  • Since mid-January, the EURUSD pair has been locked inside of the range between 1.218 and 1.254 (orange). We are awaiting a breakout, which could potentially bring us a very lucrative movement. The situation is only really interesting for patient traders as it looks like we will have to wait a while for this breakout.

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.