EURUSD 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 2.27% move on EURUSD. The movement has happened over the last 14 days. For those trend followers among you, you may think about riding this trend.
EURCHF approaching resistance of a Rising Wedge
EURCHF is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.
Either a rebound or a breakout imminent on USDJPY
USDJPY is heading towards the support line of a Channel Up. If this movement continues, we expect the price of USDJPY to test 108.3280 within the next 15 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
Where is EURUSD moving to?
A movement of 2.72% over 13 days on EURUSD 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.
Where is USDCNH moving to?
A movement of 1.7% over 20 days on USDCNH 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.
Huge bullish move on USDCHF
USDCHF has moved higher by 4.3% from 0.89 to 0.931 in the last 19 days.
GBPUSD – getting close to psychological price line
GBPUSD is moving towards the support line of a Support. 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 […]
EURCHF broke through important 1.1037 price line
EURCHF has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 1.1088 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout […]
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 0.91% move on USDCHF. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.
Either a rebound or a breakout imminent on AUDJPY
AUDJPY is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of AUDJPY to test 81.9930 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]