EURCHF approaching important 0.9567 price line

EURCHF is moving towards a resistance 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 8 days and may test it again within the next […]

What’s going on with GBPUSD?

Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 7.02% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 days move.