AUDJPY approaching resistance of a Channel Up
AUDJPY is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
EURUSD – getting close to psychological price line
EURUSD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 […]
Possible breach of support level by USDJPY
USDJPY is moving towards a support 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 USDJPY continues in its current trajectory, we could see it […]
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 […]
GBPUSD – getting close to psychological price line
GBPUSD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 […]
Huge bullish move on EURUSD
EURUSD has moved higher by 0.41% from 0.98194 to 0.98601 in the last 11 hours.
EURGBP 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 0.83% move on EURGBP. The movement has happened over the last 6 hours. For those trend followers among you, you may think about riding this possible trend.
Huge bearish move on AUDUSD
AUDUSD has moved lower by 6.51% from 0.67309 to 0.62927 in the last 36 days.
Resistance line breached by USDJPY
USDJPY has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 149.4264 may materialize within the next 7 hours.
EURUSD approaching support of a Triangle
EURUSD is approaching the support line of a Triangle. It has touched this line numerous times in the last 17 days. If it tests this line again, it should do so in the next 2 days.