USDCHF 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 0.33% move on USDCHF. The movement has happened over the last 4 hours. For those trend followers among you, you may think about riding this possible trend.
Should we expect a bullish trend on AUDJPY?
The breakout of AUDJPY through the 92.8970 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, AUDJPY could test 93.5767 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
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 resistance level by AUDJPY
AUDJPY 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 AUDJPY continues in its current trajectory, we could see it […]
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 […]
Huge bearish move on EURGBP
EURGBP has moved lower by 0.35% from 0.835 to 0.832 in the last 8 hours.
Huge bearish move on USDCAD
USDCAD has moved lower by 3.13% from 1.282 to 1.249 in the last 30 days.
AUDJPY is on its way down
AUDJPY has experienced an exceptionally large movement lower by 1.44% from 93.965 to 92.531 in the last 21 hours.
What’s going on with USDCNH?
Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 0.4% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 20 hours move.
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 […]