Huge bullish move on EURGBP
EURGBP has moved higher by 1.88% from 0.839 to 0.854 in the last 19 days.
EURGBP – getting close to psychological price line
EURGBP 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 7 days and may test it again within the next […]
Possible breach of support level by USDJPY
USDJPY 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 USDJPY continues in its current trajectory, we could see it […]
Breach of important price line imminent by EURCHF
EURCHF is moving towards a line of 1.0417 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURCHF continues in its current trajectory, we […]
A possible start of a bearish trend on GBPUSD
GBPUSD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of GBPUSD testing 1.3162 within the next 7 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]
Either a rebound or a breakout imminent on USDJPY
USDJPY is heading towards a line of 113.3030. If this movement continues, the price of USDJPY could test 113.3030 within the next 13 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Huge bullish move on EURGBP
EURGBP has moved higher by 0.98% from 0.849 to 0.858 in the last 2 days.
Huge bearish move on AUDJPY
AUDJPY has moved lower by 5.98% from 85.86 to 80.031 in the last 48 days.
Should we expect a breakout or a rebound on GBPUSD?
The movement of GBPUSD towards the support line of a Pennant is yet another test of the line it reached numerous times in the past. This line test could happen in the next 19 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current […]
Possibility of big movement expected on EURCHF
EURCHF has broken through a resistance line of a Channel Down and suggests a possible movement to 1.0462 within the next 14 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]