Should we expect a breakout or a rebound on EURUSD?
The movement of EURUSD towards the resistance line of a Triangle is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current […]
Will AUDJPY have enough momentum to break resistance?
AUDJPY is heading towards the resistance line of a Triangle 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 […]
Where is EURCHF moving to?
A movement of 1.44% over 14 hours on EURCHF doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
USDCHF experienced an exceptionally large movement
No matter your trading style, keep an eye on USDCHF after an exceptional 8.57% move. The movement has happened over the last
Will GBPUSD have enough momentum to break resistance?
GBPUSD is heading towards the resistance line of a Channel Up and could reach this point within the next 17 hours. 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 […]
Huge bullish move on EURUSD
EURUSD has moved higher by 1.42% from 1.04 to 1.055 in the last 2 days.
What’s going on with USDCNH?
Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 1% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.
Huge bullish move on AUDUSD
AUDUSD has moved higher by 1.79% from 0.69 to 0.7 in the last 2 days.
Where is GBPUSD moving to?
A movement of 0.83% over 14 hours on GBPUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
AUDJPY – getting close to resistance of a Triangle
AUDJPY is moving towards a resistance 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 5 days and may test it again within the next 18 hours.