Should we expect a breakout or a rebound on GBPJPY?
The movement of GBPJPY towards the support line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Breach of support line imminent by EURCHF
EURCHF is moving towards the support line of a Triangle 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 […]
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 11 days and may test it again within […]
Huge bullish move on GBPUSD
GBPUSD has moved higher by 0.88% from 1.376 to 1.39 in the last 3 days.
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 1.03% move on EURCHF. The movement has happened over the last 10 days. 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 0.75% move on EURCHF. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.
A final push expected on GBPUSD
GBPUSD is heading towards a price line of 1.3752 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 see […]
USDCHF – getting close to support of a Falling Wedge
USDCHF is moving towards the support line of a Falling Wedge. 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 3 days and may test it again within […]
AUDJPY 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 1.62% move on AUDJPY. The movement has happened over the last 20 hours. For those trend followers among you, you may think about riding this trend.
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. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]