Where is EURUSD moving to?
A movement of 0.24% over 4 hours on EURUSD 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.
EURGBP – psychological price line breached
EURGBP has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 2 days and suggests a target line to be around 0.8528 within the […]
GBPUSD is on its way up
GBPUSD has experienced an exceptionally large movement higher by 2.44% from 1.367 to 1.396 in the last 11 days.
Where is EURUSD moving to?
A movement of 0.25% over 14 hours on EURUSD 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 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 0.75% move on USDCHF. The movement has happened over the last 13 hours. For those trend followers among you, you may think about riding this trend.
EURCHF 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 0.28% move on EURCHF. The movement has happened over the last 13 hours. For those trend followers among you, you may think about riding this trend.
Where is USDCNH moving to?
A movement of 0.36% over 13 hours on USDCNH 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.
EURGBP – getting close to support of a Channel Down
EURGBP is moving towards the support line of a Channel Down. 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 […]
What’s going on with GBPUSD?
Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 0.8% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 10 hours move.
AUDJPY – getting close to support of a Channel Down
AUDJPY is moving towards the support line of a Channel Down. 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 19 days and may test it again within […]