AUDUSD – getting close to psychological price line
AUDUSD 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 4 days and may test it again within the next […]
USDJPY is on its way up
USDJPY has experienced an exceptionally large movement higher by 3.13% from 114.968 to 119.149 in the last 24 days.
USDCHF – support line breached
USDCHF has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 16 days and suggests a possible target level […]
USDCAD is on its way down
USDCAD has experienced an exceptionally large movement lower by 0.44% from 1.267 to 1.261 in the last 17 hours.
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 2.18% move on EURUSD. The movement has happened over the last 12 days. For those trend followers among you, you may think about riding this possible trend.
USDCNH 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 0.18% move on USDCNH. The movement has happened over the last 4 hours. For those trend followers among you, you may think about riding this possible trend.
GBPUSD 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 0.96% move on GBPUSD. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
Huge bullish move on EURCHF
EURCHF has moved higher by 3.36% from 1.001 to 1.038 in the last 11 days.
Possible start of a bullish trend on AUDJPY
AUDJPY has broken through a line of 85.5620. If this breakout holds true, we could see the price of AUDJPY heading towards 85.7995 within the next 21 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 […]
Should we expect a breakout or a rebound on USDCHF?
The movement of USDCHF towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]