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GBPJPY is heading towards the support line of a Falling Wedge. If this movement continues, the price of GBPJPY could test 161.6020 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

USDCNH is heading towards the resistance line of a Channel Up and could reach this point within the next 10 hours. 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 […]

EURCHF has broken through a resistance line. It has touched this line at least twice in the last 15 days. This breakout may indicate a potential move to 0.9701 within the next 11 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]

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 6 days and may test it again within the next 2 days.

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 3.83% move on EURGBP. The movement has happened over the last 32 days. For those trend followers among you, you may think about riding this possible trend.

Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 1.67% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 3.25% move on EURGBP. The movement has happened over the last 31 days. For those trend followers among you, you may think about riding this possible trend.

Those of you that are trend followers are probably eagerly watching GBPJPY to see if its latest 0.63% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 13 hours move.

EURCHF has experienced an exceptionally large movement lower by 0.73% from 0.96105 to 0.95378 in the last 18 hours.

EURCHF has experienced an exceptionally large movement lower by 0.69% from 0.9724 to 0.96509 in the last 17 hours.