Breach of important price line imminent by AUDJPY
AUDJPY is moving towards a line of 94.3580 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUDJPY continues in its current trajectory, we […]
Big movement possible on USDCHF
USDCHF has broken through a line of 0.9610 and suggests a possible movement to 0.9645 within the next 11 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
Possible breach of resistance level by USDJPY
USDJPY is moving towards a resistance line 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 USDJPY continues in its current trajectory, we could see it […]
GBPUSD – getting close to support of a Channel Down
GBPUSD 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 5 days and may test it again within the next 16 hours.
Where is EURGBP moving to?
A movement of 0.62% over 3 days on EURGBP 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 GBPUSD moving to?
A movement of 0.94% over 16 hours on GBPUSD 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.
Possible start of a bearish trend on AUDJPY
AUDJPY has broken through a line of 93.1490. If this breakout holds true, we could see the price of AUDJPY heading towards 91.5315 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any […]
Breach of important price line imminent by EURGBP
EURGBP is moving towards a line of 0.8633 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURGBP continues in its current trajectory, we […]
Possible breach of support level by GBPUSD
GBPUSD is moving towards a support line 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 GBPUSD continues in its current trajectory, we could see it […]
Breach of important price line imminent by AUDJPY
AUDJPY is moving towards a line of 92.9730 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUDJPY continues in its current trajectory, we […]