EURGBP – support line breached
EURGBP has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 15 days and suggests a target line to be around […]
Breach of important price line imminent by GBPUSD
GBPUSD is moving towards a line of 1.3879 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GBPUSD continues in its current trajectory, we […]
AUDJPY approaching important 79.8280 price line
AUDJPY is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.
EURCHF approaching important 1.0763 price line
EURCHF is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 19 days. If it tests this line again, it should do so in the next 3 days.
Huge bullish move on AUDUSD
AUDUSD has moved higher by 0.65% from 0.72 to 0.726 in the last 16 hours.
AUDJPY approaching important 79.5600 price line
AUDJPY is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
EURGBP approaching important 0.8504 price line
EURGBP is approaching the support line of a Support. 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.
GBPUSD 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 0.85% move on GBPUSD. The movement has happened over the last 21 hours. For those trend followers among you, you may think about riding this trend.
EURCHF broke through important 1.0742 price line
EURCHF has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 18 days. This breakout shows a potential move to 1.0794 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout […]
A final push expected on USDJPY
USDJPY is heading towards a price line of 110.2380 and could reach this point within the next 3 days. 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 could see […]