USDCHF 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 0.75% move on USDCHF. The movement has happened over the last 13 hours. For those trend followers among you, you may think about riding this trend.
EURCHF 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 0.28% move on EURCHF. The movement has happened over the last 13 hours. For those trend followers among you, you may think about riding this trend.
Where is USDCNH moving to?
A movement of 0.36% over 13 hours on USDCNH 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.
EURGBP – getting close to support of a Channel Down
EURGBP is moving towards the support line of a Channel Down. 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 […]
What’s going on with GBPUSD?
Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 0.8% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 10 hours move.
AUDJPY – getting close to support of a Channel Down
AUDJPY is moving towards the support line of a Channel Down. 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 19 days and may test it again within […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Where is USDCHF moving to?
A movement of 0.67% over 4 days on USDCHF 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.
Breach of important price line imminent by GBPJPY
GBPJPY is moving towards a line of 152.3200 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GBPJPY continues in its current trajectory, we […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]