Big movement expected on EURGBP
EURGBP has broken through a line of 0.8587 and suggests a possible movement to 0.8572 within the next 5 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
AUDJPY approaching support of a Channel Up
AUDJPY is approaching the support line of a Channel Up. 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 bearish move on GBPUSD
GBPUSD has moved lower by 0.37% from 1.415 to 1.411 in the last 11 hours.
Breach of support line imminent by USDCHF
USDCHF is moving towards the support 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 USDCHF continues in its current trajectory, […]
Huge bullish move on EURCHF
EURCHF has moved higher by 0.37% from 1.093 to 1.097 in the last 8 hours.
Either a rebound or a breakout imminent on USDJPY
USDJPY is heading towards a line of 109.3790. If this movement continues, we expect the price of USDJPY to test 109.3790 within the next 2 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 1.09% move on EURGBP. The movement has happened over the last 4 days. For those trend followers among you, you may think about riding this trend.
Huge bullish move on AUDJPY
AUDJPY has moved higher by 1.04% from 84.777 to 85.663 in the last 4 days.
Huge bullish move on GBPUSD
GBPUSD has moved higher by 0.8% from 1.39 to 1.403 in the last 4 days.
USDCHF 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 4.38% move on USDCHF. The movement has happened over the last 38 days. For those trend followers among you, you may think about riding this trend.