Either a rebound or a breakout imminent on EURCHF
EURCHF is heading towards the support line of a Falling Wedge. If this movement continues, the price of EURCHF could test 1.0522 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Where is GBPUSD moving to?
A movement of 3.04% over 23 days on GBPUSD 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.
Huge bearish move on AUDUSD
AUDUSD has moved lower by 1.12% from 0.737 to 0.73 in the last 15 hours.
USDCHF experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 0.84% move on USDCHF. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
USDJPY experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 0.33% move on USDJPY. The movement has happened over the last 7 hours. For those trend followers among you, you may think about riding this possible trend.
GBPUSD – getting close to support of a Channel Down
GBPUSD is moving towards a support 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 2 days and may test it again within the next 9 hours.
EURCHF approaching important 1.0536 price line
EURCHF is approaching the support line of a Support. It has touched this line numerous times in the last 6 days. If it tests this line again, it could do so in the next 15 hours.
USDJPY – getting close to support of a Channel Down
USDJPY is moving towards a support 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 21 hours and may test it again within the next 6 hours.
Where is EURGBP moving to?
A movement of 1.4% over 15 days on EURGBP 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 – getting close to resistance of a Triangle
USDCHF 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 13 days and may test it again within the next 2 days.