AUDJPY – getting close to psychological price line
AUDJPY is moving towards a support line. Because we have seen it retrace from this level in the past, 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 7 days and may test it again within the next […]
EURCHF approaching support of a Channel Down
EURCHF is approaching the support line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 8 hours.
What’s going on with USDCNH?
Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 0.44% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 12 hours move.
USDCAD – getting close to support of a Rising Wedge
USDCAD is moving towards a support line. 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 10 days and may test it again within the next 2 days.
Huge bearish move on GBPJPY
GBPJPY has moved lower by 0.59% from 162.486 to 161.826 in the last 13 hours.
Huge bearish move on GBPUSD
GBPUSD has moved lower by 1.31% from 1.207 to 1.18954 in the last 23 hours.
Possible start of a bullish trend on EURGBP
EURGBP has broken through a line of 0.8461. If this breakout holds true, we could see the price of EURGBP heading towards 0.8486 within the next 19 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any […]
What’s going on with EURCHF?
Those of you that are trend followers are probably eagerly watching EURCHF to see if its latest 0.41% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 11 hours move.
USDCAD – getting close to psychological price line
USDCAD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 15 days and may test it again within the next […]
USDCHF approaching resistance of a Channel Up
USDCHF is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 2 days.