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 22 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Breach of resistance line imminent by GBPUSD
GBPUSD is moving towards the resistance line of a Rising Wedge 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 GBPUSD continues in its current trajectory, […]
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 13 days and may test it again within […]
Huge bearish move on EURCHF
EURCHF has moved lower by 1.35% from 1.096 to 1.082 in the last 14 days.
USDJPY 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 0.36% move on USDJPY. The movement has happened over the last 7 hours. For those trend followers among you, you may think about riding this trend.
GBPUSD approaching important 1.3814 price line
GBPUSD is approaching the support line of a Support. It has touched this line numerous times in the last 14 days. If it tests this line again, it should do so in the next 3 days.
Should we expect a breakout or a rebound on GBPJPY?
The movement of GBPJPY towards the support line of a Rising 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 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Breach of support line imminent by EURCHF
EURCHF is moving towards the support line of a Triangle 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 EURCHF continues in its current trajectory, we […]
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 11 days and may test it again within […]
Huge bullish move on GBPUSD
GBPUSD has moved higher by 0.88% from 1.376 to 1.39 in the last 3 days.