What’s going on with EURCHF?
Those of you that are trend followers are probably eagerly watching EURCHF to see if its latest 0.13% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 8 hours move.
Either a rebound or a breakout imminent on AUDJPY
AUDJPY is heading towards the support line of a Falling Wedge. If this movement continues, the price of AUDJPY could test 82.0980 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Huge bullish move on GBPUSD
GBPUSD has moved higher by 3.64% from 1.324 to 1.368 in the last 39 days.
EURGBP approaching resistance of a Inverse Head and Shoulders
EURGBP is approaching the resistance line of a Inverse Head and Shoulders. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days.
Where is AUDJPY moving to?
A movement of 0.35% over 3 days on AUDJPY 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.
USDJPY is on its way up
USDJPY has experienced an exceptionally large movement higher by 0.54% from 113.708 to 114.188 in the last 8 hours.
GBPUSD – getting close to support of a Channel Up
GBPUSD 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 11 days and may test it again within the next 3 days.
Where is EURUSD moving to?
A movement of 1.48% over 11 days on EURUSD 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.
Big movement possible on GBPJPY
GBPJPY has broken through a line of 156.7400 and suggests a possible movement to 156.0364 within the next 20 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back […]
What’s going on with EURGBP?
Those of you that are trend followers are probably eagerly watching EURGBP to see if its latest 2.78% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 37 days move.