Where is AUDJPY moving to?
A movement of 0.75% over 13 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.
AUDJPY – getting close to resistance of a Channel Up
AUDJPY is moving towards the resistance line of a Channel Up. 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 10 days and may test it again within […]
Huge bearish move on EURGBP
EURGBP has moved lower by 2.43% from 0.862 to 0.843 in the last 24 days.
What’s going on with EURCHF?
Those of you that are trend followers are probably eagerly watching EURCHF to see if its latest 2.36% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 36 days move.
A possible start of a bearish trend on USDJPY
USDJPY has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of USDJPY testing 113.5540 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking […]
AUDJPY – getting close to support of a Channel Up
AUDJPY is moving towards the support line of a Channel Up. 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 8 days and may test it again within […]
GBPUSD is on its way up
GBPUSD has experienced an exceptionally large movement higher by 2.72% from 1.353 to 1.379 in the last 22 days.
Either a rebound or a breakout imminent on EURGBP
EURGBP is heading towards the support line of a Channel Down. If this movement continues, the price of EURGBP could test 0.8419 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.
Where is USDJPY moving to?
A movement of 3.12% over 17 days on USDJPY 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.
Where is AUDJPY moving to?
A movement of 7.5% over 29 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.