• orgenesis-inc
    This weeks ‘breakout’ stock pics

    ORGS carving out a nice wedge here after a multi-month pullback. Yesterday’s price action produced an almost perfect bullish reversal Dragonfly Doji, which is just about to kiss the underside of the wedge resistance line and 50 DMA.

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  • eur-chf-prices-tighten
    EUR/CHF prices tighten after strong green day

    The 200 DMA provided good support for the EUR/CHF currency pair earlier this month, which resulted in a large green day on the 9th.

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  • candle-components
    Are Candlestick Patterns Reliable?

    Japanese candlestick patterns
    Back in the 1750s Munehisa Homma, a Japanese merchant invented the candlestick theory in order to successfully trade rice. By using the candlestick theory he was able to observe the behaviour of other traders to his advantage.

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  • aud-jpy-weekly-chart
    AUD/JPY will things be different this time?

    This weekly AUD/JPY chart gives us a broad outlook on the overall mood of investors. Ample selling pressure at various stages over the past five years has seen this pair get rejected at the multi-year trend resistance line, which was last tested in January 2018 and before that September 2017.

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  • weekly-resistance-zone-aud-usd
    AUD/USD knifes through key 200 wma

    The AUD/USD currency pair’s recovery from the pandemic March lows has been impressive, to say the least. The decline of late which saw prices tap out at the December 2018 highs in August this year has been shallow in comparison.

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