Where is AUDUSD moving to?
A movement of 1.53% over 4 days on AUDUSD 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 USDCHF moving to?
A movement of 0.7% over 12 hours on USDCHF 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.
A final push possible on EURCHF
EURCHF is heading towards 1.0389 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Possible start of a bullish trend on GBPUSD
GBPUSD has broken through a line of 1.3289. If this breakout holds true, we could see the price of GBPUSD heading towards 1.3392 within the next 2 days. 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 […]
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 12 days and suggests a possible target level […]
Big movement possible on EURCHF
EURCHF has broken through a line of 1.0449 and suggests a possible movement to 1.0473 within the next 2 days. 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 […]
Should we expect a breakout or a rebound on GBPJPY?
The movement of GBPJPY 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 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Where is USDJPY moving to?
A movement of 0.33% over 15 hours on USDJPY 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.
A possible start of a bullish trend on GBPUSD
GBPUSD has broken through a resistance line of a Inverse Head and Shoulders chart pattern. If this breakout holds true, we may see the price of GBPUSD testing 1.3302 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout […]
A final push possible on AUDJPY
AUDJPY is heading towards 81.2110 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.