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April 15, 2021currency_enIC Markets

Huge bearish move on EURCHF

EURCHF has moved lower by 0.97% from 1.107 to 1.098 in the last 13 days.

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April 15, 2021currency_enIC Markets

GBPJPY – getting close to support of a Falling Wedge

GBPJPY 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 4 days and may test it again within […]

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April 15, 2021currency_enIC Markets

Where is USDCAD moving to?

A movement of 0.53% over 13 hours on USDCAD 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.

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April 14, 2021currency_enIC Markets

Huge bullish move on EURCHF

EURCHF has moved higher by 0.49% from 1.1 to 1.105 in the last 21 hours.

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April 14, 2021currency_enIC Markets

Should we expect a breakout or a rebound on USDCHF?

The movement of USDCHF towards the resistance line of a Falling 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 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]

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April 14, 2021currency_enIC Markets

Huge bearish move on USDJPY

USDJPY has moved lower by 0.78% from 109.714 to 108.851 in the last 22 hours.

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April 13, 2021currency_enIC Markets

Breach of important price line imminent by USDCAD

USDCAD is moving towards a line of 1.2526 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDCAD continues in its current trajectory, we […]

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April 13, 2021currency_enIC Markets

EURGBP – getting close to psychological price line

EURGBP is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 5 days and may test it again […]

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April 13, 2021currency_enIC Markets

Should we expect a breakout or a rebound on USDJPY?

The movement of USDJPY towards 109.9910 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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April 12, 2021currency_enIC Markets

GBPJPY – getting close to resistance of a Channel Up

GBPJPY is moving towards the resistance line of a Channel Up. 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 23 days and may test it again within […]

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