Where is USDCNH moving to?
A movement of 0.19% over 15 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.
Will AUDJPY have enough momentum to break support?
AUDJPY is heading towards the support line of a Triangle 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 […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the resistance 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 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
Will EURGBP have enough momentum to break support?
EURGBP is heading towards the support line of a Channel Down and could reach this point within the next 3 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 […]
Huge bullish move on GBPUSD
GBPUSD has moved higher by 0.37% from 1.405 to 1.41 in the last 17 hours.
A start of a bullish trend on GBPUSD
GBPUSD has broken through a line of 1.4071. If this breakout holds true, we expect the price of GBPUSD to test 1.4088 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
AUDJPY – getting close to psychological price line
AUDJPY is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 8 days and may test it again […]
EURCHF – psychological price line breached
EURCHF has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a target line to be around 1.0928 within the […]
USDCHF is on its way down
USDCHF has experienced an exceptionally large movement lower by 4.29% from 0.943 to 0.901 in the last 41 days.
Where is USDCNH moving to?
A movement of 2.33% over 41 days 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.