Where is AUDJPY moving to?
A movement of 1.66% over 21 hours on AUDJPY 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.
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 1.12% move on EURCHF. The movement has happened over the last 20 hours. For those trend followers among you, you may think about riding this possible trend.
AUDUSD – getting close to support of a Channel Up
AUDUSD is moving towards a support line. 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 9 days and may test it again within the next 3 days.
Important price line breached by AUDJPY
AUDJPY has broken through 83.3390 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, AUDJPY may be heading towards 83.7660 within the next 23 hours.
GBPUSD approaching resistance of a Ascending Triangle
GBPUSD is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 3 days.
Where is USDCHF moving to?
A movement of 0.72% over 2 days on USDCHF doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Possibility of big movement expected on USDJPY
USDJPY has broken through a resistance line of a Falling Wedge and suggests a possible movement to 115.1375 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement […]
Either a rebound or a breakout imminent on AUDJPY
AUDJPY is heading towards a line of 83.0960. If this movement continues, the price of AUDJPY could test 83.0960 within the next 21 hours. 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.
Where is EURUSD moving to?
A movement of 0.37% over 13 hours on EURUSD 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.
EURCHF – getting close to support of a Channel Down
EURCHF is moving towards a support line. 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 5 days and may test it again within the next 14 hours.