Where is USDCNH moving to?
A movement of 0.72% over 14 hours on USDCNH 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 resistance of a Ascending Triangle
EURCHF is moving towards the resistance line of a Ascending Triangle. 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 7 days and may test it again within […]
USDJPY – getting close to resistance of a Rising Wedge
USDJPY is moving towards the resistance line of a Rising Wedge. 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 […]
EURGBP is on its way down
EURGBP has experienced an exceptionally large movement lower by 2.35% from 0.862 to 0.843 in the last 18 days.
What’s going on with GBPUSD?
Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 2.39% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 18 days move.
Where is AUDJPY moving to?
A movement of 6.05% over 24 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.
USDCAD approaching resistance of a Falling Wedge
USDCAD is approaching the resistance line of a Falling Wedge. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 8 hours.
Huge bullish move on GBPJPY
GBPJPY has moved higher by 0.3% from 155.427 to 155.977 in the last 13 hours.
Where is AUDJPY moving to?
A movement of 0.86% over 2 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.
Where is EURCHF moving to?
A movement of 0.24% over 10 hours on EURCHF 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.