Should we expect a breakout or a rebound on AUDJPY?
The movement of AUDJPY towards the resistance line of a Triangle 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 back […]
GBPJPY approaching support of a Channel Up
GBPJPY is approaching the support line of a Channel Up. It has touched this line numerous times in the last 24 days. If it tests this line again, it should do so in the next 3 days.
Where is EURCHF moving to?
A movement of 0.45% over 2 days on EURCHF 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.
Support line breached by AUDUSD
AUDUSD has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 0.7713 can be expected within the next 23 hours.
Huge bullish move on USDCNH
USDCNH has moved higher by 1.75% from 6.421 to 6.519 in the last 24 days.
Where is USDCHF moving to?
A movement of 3.92% over 23 days on USDCHF 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.
GBPJPY 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 6.95% move on GBPJPY. The movement has happened over the last 52 days. For those trend followers among you, you may think about riding this trend.
Where is USDCNH moving to?
A movement of 0.33% over 9 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.
Should we expect a breakout or a rebound on USDJPY?
The movement of USDJPY towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 18 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
AUDJPY – resistance line breached
AUDJPY has broken through the resistance line of a Triangle technical chart pattern. 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 twice in the last 13 days and suggests a target line to be around 84.7127 […]