USDCNH approaching important 6.4514 price line
USDCNH is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.
EURUSD 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 0.9% move on EURUSD. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.
What’s going on with USDCHF?
Those of you that are trend followers are probably eagerly watching USDCHF to see if its latest 0.78% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 22 hours move.
USDJPY is on its way up
USDJPY has experienced an exceptionally large movement higher by 0.73% from 105.248 to 106.164 in the last 14 hours.
EURGBP 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 3.72% move on EURGBP. The movement has happened over the last 42 days. For those trend followers among you, you may think about riding this trend.
AUDJPY approaching support of a Channel Up
AUDJPY is approaching the support line of a Channel Up. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
Should we expect a breakout or a rebound on USDCHF?
The movement of USDCHF 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 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
Huge bullish move on USDJPY
USDJPY has moved higher by 0.38% from 104.922 to 105.383 in the last 12 hours.
EURCHF approaching resistance of a Rising Wedge
EURCHF is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 7 hours.
Should we expect a breakout or a rebound on AUDJPY?
The movement of AUDJPY towards the resistance 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 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]