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USDCAD has moved lower by 0.59% from 1.284 to 1.277 in the last 16 hours.

USDCNH has moved lower by 2.07% from 6.825 to 6.655 in the last 13 days.

USDJPY has experienced an exceptionally large movement lower by 2.67% from 130.494 to 126.854 in the last 17 days.

EURUSD is heading towards the support line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]

EURCHF 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 EURCHF continues in its current trajectory, we could see it […]

A movement of 4.11% over 10 days on USDCHF 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.

Those of you that are trend followers are probably eagerly watching USDJPY to see if its latest 1.87% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 16 days move.

No matter your trading style, keep an eye on EURGBP after an exceptional 1.04% move. The movement has happened over the last

GBPJPY is heading towards the support line of a Triangle and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]

USDCNH has moved lower by 1.43% from 6.825 to 6.698 in the last 9 days.