GBPUSD – getting close to psychological price line
GBPUSD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 […]
Huge bullish move on EURUSD
EURUSD has moved higher by 0.41% from 0.98194 to 0.98601 in the last 11 hours.
EURGBP 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 0.83% move on EURGBP. The movement has happened over the last 6 hours. For those trend followers among you, you may think about riding this possible trend.
Huge bearish move on AUDUSD
AUDUSD has moved lower by 6.51% from 0.67309 to 0.62927 in the last 36 days.
Resistance line breached by USDJPY
USDJPY has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 149.4264 may materialize within the next 7 hours.
EURUSD approaching support of a Triangle
EURUSD is approaching the support line of a Triangle. It has touched this line numerous times in the last 17 days. If it tests this line again, it should do so in the next 2 days.
GBPUSD approaching support of a Triangle
GBPUSD is approaching the support line of a Triangle. It has touched this line numerous times in the last 17 days. If it tests this line again, it should do so in the next 2 days.
Will GBPJPY have enough momentum to break support?
GBPJPY is heading towards the support line of a Rising Wedge 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 […]
What’s going on with USDJPY?
Those of you that are trend followers are probably eagerly watching USDJPY to see if its latest 0.46% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 16 hours move.
What’s going on with AUDJPY?
Those of you that are trend followers are probably eagerly watching AUDJPY to see if its latest 1.88% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 16 hours move.