Possible breach of resistance level by AUDJPY
AUDJPY is moving towards a resistance line 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 AUDJPY continues in its current trajectory, we could see it […]
Huge bearish move on USDCNH
USDCNH has moved lower by 0.64% from 6.687 to 6.646 in the last 16 hours.
A final push possible on EURGBP
EURGBP is heading towards 0.8412 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
USDCHF experienced an exceptionally large movement
No matter your trading style, keep an eye on USDCHF after an exceptional 5.95% move. The movement has happened over the last
GBPUSD experienced an exceptionally large movement
No matter your trading style, keep an eye on GBPUSD after an exceptional 4.49% move. The movement has happened over the last
What’s going on with USDCAD?
Those of you that are trend followers are probably eagerly watching USDCAD to see if its latest 1.17% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 3 days move.
USDCHF experienced an exceptionally large movement
No matter your trading style, keep an eye on USDCHF after an exceptional 5.44% move. The movement has happened over the last
Huge bearish move on GBPUSD
GBPUSD has moved lower by 4.78% from 1.312 to 1.245 in the last 16 days.
Will AUDJPY have enough momentum to break resistance?
AUDJPY is heading towards the resistance line of a Ascending Triangle and could reach this point within the next 8 hours. 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 […]
A possible start of a bearish trend on USDJPY
USDJPY has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USDJPY testing 129.9238 within the next 7 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any […]