Where is GBPJPY moving to?
A movement of 6.21% over 19 days on GBPJPY 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.
What’s going on with USDJPY?
Those of you that are trend followers are probably eagerly watching USDJPY to see if its latest 5.68% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 31 days move.
Will AUDJPY have enough momentum to break support?
AUDJPY is heading towards the support line of a Triangle and could reach this point within the next 18 hours. 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 […]
GBPUSD approaching important 1.3148 price line
GBPUSD is approaching the support line of a Support. It has touched this line numerous times in the last 9 days. If it tests this line again, it could do so in the next 2 days.
Should we expect a bearish trend on GBPJPY?
The breakout of GBPJPY through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we may see the price of GBPJPY testing 159.0269 within the next 2 days.
USDJPY 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 5.91% move on USDJPY. The movement has happened over the last 30 days. For those trend followers among you, you may think about riding this possible trend.
Huge bullish move on AUDJPY
AUDJPY has moved higher by 9.55% from 82.22 to 90.213 in the last 38 days.
Either a rebound or a breakout imminent on EURCHF
EURCHF is heading towards the support line of a Falling Wedge. If this movement continues, the price of EURCHF could test 1.0231 within the next 12 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Where is USDCNH moving to?
A movement of 0.22% over 2 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.
Possible breach of support level by AUDJPY
AUDJPY 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 AUDJPY continues in its current trajectory, we could see it […]