EURCHF broke through important 0.9591 price line
EURCHF has broken through a support line. It has touched this line numerous times in the last 9 days. This breakout shows a potential move to 0.9504 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
AUDJPY – getting close to support of a Channel Down
AUDJPY is moving towards a support line. 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 2 days and may test it again within the next 14 hours.
GBPUSD approaching support of a Channel Down
GBPUSD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
EURCHF 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 0.61% move on EURCHF. The movement has happened over the last 4 hours. For those trend followers among you, you may think about riding this possible trend.
Huge bearish move on AUDUSD
AUDUSD has moved lower by 1.61% from 0.66641 to 0.65899 in the last 10 hours.
GBPUSD is on its way down
GBPUSD has experienced an exceptionally large movement lower by 1.68% from 1.14368 to 1.12663 in the last 2 days.
Huge bullish move on USDCAD
USDCAD has moved higher by 1.03% from 1.32434 to 1.3386 in the last 2 days.
EURCHF 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 0.77% move on EURCHF. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
Will EURGBP have enough momentum to break resistance?
EURGBP is heading towards the resistance line of a Channel Up and could reach this point within the next 2 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 […]
Possible breach of resistance level by USDJPY
USDJPY 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 USDJPY continues in its current trajectory, we could see it […]