Possible breach of resistance level by EURCHF
EURCHF is moving towards a resistance 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 EURCHF continues in its current trajectory, we could see it […]
What’s going on with USDCHF?
Those of you that are trend followers are probably eagerly watching USDCHF to see if its latest 8.58% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 45 days move.
Where is USDCNH moving to?
A movement of 7.44% over 44 days on USDCNH 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.
USDCHF is on its way up
USDCHF has experienced an exceptionally large movement higher by 7.71% from 0.923 to 0.994 in the last 43 days.
Huge bearish move on GBPJPY
GBPJPY has moved lower by 4.16% from 162.962 to 156.497 in the last 15 days.
EURCHF experienced an exceptionally large movement
No matter your trading style, keep an eye on EURCHF after an exceptional 0.72% move. The movement has happened over the last
USDCHF approaching resistance of a Flag
USDCHF is approaching the resistance line of a Flag. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.
Possibility of big movement expected on USDJPY
USDJPY has broken through a support line of a Triangle and suggests a possible movement to 128.9612 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
What’s going on with GBPUSD?
Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 5.73% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 27 days move.