USDCHF is on its way up
USDCHF has experienced an exceptionally large movement higher by 2.4% from 0.923 to 0.945 in the last 20 days.
Where is EURCHF moving to?
A movement of 0.91% over 2 days on EURCHF 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.
USDJPY 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 1.43% move on USDJPY. The movement has happened over the last 22 hours. For those trend followers among you, you may think about riding this possible trend.
What’s going on with AUDJPY?
Those of you that are trend followers are probably eagerly watching AUDJPY to see if its latest 1.41% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 hours move.
Should we expect a breakout or a rebound on USDCNH?
The movement of USDCNH towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Either a rebound or a breakout imminent on USDCHF
USDCHF is heading towards a line of 0.9410. If this movement continues, the price of USDCHF could test 0.9410 within the next 10 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 rebounding.
EURGBP approaching support of a Channel Up
EURGBP is approaching the support line of a Channel Up. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 8 hours.
EURCHF approaching important 1.0170 price line
EURCHF is approaching the support line of a Support. It has touched this line numerous times in the last 4 days. If it tests this line again, it could do so in the next 10 hours.
Possible breach of support level by EURCHF
EURCHF is moving towards a support 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 EURCHF continues in its current trajectory, we could see it […]
Possible breach of support level by USDJPY
USDJPY is moving towards a support 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 […]