Huge bullish move on GBPJPY
GBPJPY has moved higher by 0.63% from 154.277 to 155.191 in the last 3 days.
EURCHF – psychological price line breached
EURCHF has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 5 days and suggests a possible target level to be around 1.0405 within the next 16 […]
Should we expect a breakout or a rebound on GBPUSD?
The movement of GBPUSD towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
USDJPY approaching resistance of a Channel Up
USDJPY is approaching the resistance line of a Channel Up. 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.
GBPUSD approaching resistance of a Channel Down
GBPUSD is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.
EURCHF – getting close to psychological price line
EURCHF 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 […]
Huge bullish move on USDCHF
USDCHF has moved higher by 1.08% from 0.918 to 0.927 in the last 2 days.
Where is USDCAD moving to?
A movement of 1.13% over 17 hours on USDCAD 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 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 […]
AUDJPY – getting close to psychological price line
AUDJPY is moving towards a resistance 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 16 days and may test it again within the next […]