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 1.03% move on EURCHF. The movement has happened over the last 10 days. 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 0.75% move on EURCHF. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.
A final push expected on GBPUSD
GBPUSD is heading towards a price line of 1.3752 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 […]
USDCHF – getting close to support of a Falling Wedge
USDCHF is moving towards the support line of a Falling 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 3 days and may test it again within […]
AUDJPY 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 1.62% move on AUDJPY. The movement has happened over the last 20 hours. For those trend followers among you, you may think about riding this trend.
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the support line of a Channel Down 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 […]
Either a rebound or a breakout imminent on USDJPY
USDJPY is heading towards a line of 110.3960. If this movement continues, we expect the price of USDJPY to test 110.3960 within the next 2 days. 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 just like […]
Either a rebound or a breakout imminent on GBPUSD
GBPUSD is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of GBPUSD to test 1.3732 within the next 3 days. 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 […]
What’s going on with AUDJPY?
Those of you that are trend followers are probably eagerly watching AUDJPY to see if its latest 1.69% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 19 hours move.
Where is AUDUSD moving to?
A movement of 1.37% over 11 hours on AUDUSD 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.