Where is EURUSD moving to?
A movement of 0.16% over 18 hours 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.
Breach of resistance line imminent by AUDUSD
AUDUSD is moving towards the resistance line of a Channel Up which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AUDUSD continues in its current trajectory, […]
Should we expect a bearish trend on GBPUSD?
The breakout of GBPUSD through the 1.3888 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of GBPUSD to test 1.3855 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation […]
USDJPY – getting close to resistance of a Triangle
USDJPY is moving towards the resistance line of a 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 17 days and may test it again within the […]
Either a rebound or a breakout imminent on GBPJPY
GBPJPY is heading towards a line of 151.4080. If this movement continues, we expect the price of GBPJPY to test 151.4080 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
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 1.52% move on EURGBP. The movement has happened over the last 11 days. For those trend followers among you, you may think about riding this trend.
Where is EURUSD moving to?
A movement of 0.24% over 4 hours 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.
EURGBP – psychological price line breached
EURGBP has broken through the resistance line of a Resistance. 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 numerous times in the last 2 days and suggests a target line to be around 0.8528 within the […]
GBPUSD is on its way up
GBPUSD has experienced an exceptionally large movement higher by 2.44% from 1.367 to 1.396 in the last 11 days.
Where is EURUSD moving to?
A movement of 0.25% over 14 hours 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.