Either a rebound or a breakout imminent on EURCHF
EURCHF is heading towards the support line of a Channel Down. If this movement continues, the price of EURCHF could test 1.0449 within the next 3 days. 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 EURCHF moving to?
A movement of 0.63% over 10 hours on EURCHF 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.
Huge bearish move on EURUSD
EURUSD has moved lower by 3.12% from 1.16 to 1.132 in the last 22 days.
EURGBP 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 0.42% move on EURGBP. The movement has happened over the last 14 hours. For those trend followers among you, you may think about riding this possible trend.
A final push possible on AUDJPY
AUDJPY is heading towards 83.3310 and could reach this point within the next 2 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.
Huge bearish move on AUDUSD
AUDUSD has moved lower by 3.7% from 0.751 to 0.726 in the last 22 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 1.0510 within the next 2 days. 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 USDJPY moving to?
A movement of 0.59% over 17 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.
Where is GBPUSD moving to?
A movement of 2.98% over 28 days on GBPUSD 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.
Big movement possible on EURCHF
EURCHF has broken through a line of 1.0534 and suggests a possible movement to 1.0500 within the next 23 hours. 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 […]