What’s going on with GBPUSD?
Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 2.39% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 18 days move.
Where is AUDJPY moving to?
A movement of 6.05% over 24 days on AUDJPY 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.
USDCAD approaching resistance of a Falling Wedge
USDCAD is approaching the resistance line of a Falling Wedge. 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.
Huge bullish move on GBPJPY
GBPJPY has moved higher by 0.3% from 155.427 to 155.977 in the last 13 hours.
Where is AUDJPY moving to?
A movement of 0.86% over 2 days on AUDJPY 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 EURCHF moving to?
A movement of 0.24% 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 2.93% from 1.188 to 1.153 in the last 41 days.
GBPUSD – getting close to resistance of a Channel Up
GBPUSD is moving towards the resistance line of a Channel Up. Because we have seen it retrace from this line before, 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 8 days and may test it again within […]
GBPJPY – getting close to support of a Rising Wedge
GBPJPY is moving towards the support line of a Rising Wedge. Because we have seen it retrace from this line before, 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 2 days and may test it again within […]
A final push expected on EURCHF
EURCHF is heading towards 1.0753 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 from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down […]