Huge bullish move on USDCNH
USDCNH has moved higher by 1.75% from 6.421 to 6.519 in the last 24 days.
Where is USDCHF moving to?
A movement of 3.92% over 23 days on USDCHF 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.
GBPJPY 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 6.95% move on GBPJPY. The movement has happened over the last 52 days. For those trend followers among you, you may think about riding this trend.
Where is USDCNH moving to?
A movement of 0.33% over 9 hours on USDCNH doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Should we expect a breakout or a rebound on USDJPY?
The movement of USDJPY towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 18 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
AUDJPY – resistance line breached
AUDJPY has broken through the resistance line of a Triangle 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 13 days and suggests a target line to be around 84.7127 […]
EURUSD 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 2.27% move on EURUSD. The movement has happened over the last 14 days. For those trend followers among you, you may think about riding this trend.
EURCHF approaching resistance of a Rising Wedge
EURCHF is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days.
Either a rebound or a breakout imminent on USDJPY
USDJPY is heading towards the support line of a Channel Up. If this movement continues, we expect the price of USDJPY to test 108.3280 within the next 15 hours. 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 […]
Where is EURUSD moving to?
A movement of 2.72% over 13 days on EURUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.