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.
Huge bullish move on AUDUSD
AUDUSD has moved higher by 1.44% from 0.62046 to 0.6294 in the last 8 hours.
Possible breach of resistance level by AUDJPY
AUDJPY is moving towards a resistance line 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 AUDJPY continues in its current trajectory, we could see it […]
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 1.34% move on EURGBP. The movement has happened over the last 18 hours. For those trend followers among you, you may think about riding this possible trend.
Important price line breached by EURCHF
EURCHF has broken through 0.9660 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EURCHF may be heading towards 0.9633 within the next 9 hours.
USDJPY 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 0.44% move on USDJPY. The movement has happened over the last 13 hours. For those trend followers among you, you may think about riding this possible trend.
Possible breach of support level by AUDJPY
AUDJPY is moving towards a support line 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 AUDJPY continues in its current trajectory, we could see it […]