EURGBP 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 0.69% move on EURGBP. The movement has happened over the last 14 hours. For those trend followers among you, you may think about riding this possible trend.
Possibility of big movement expected on AUDJPY
AUDJPY has broken through a resistance line of a Triangle and suggests a possible movement to 84.0390 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back […]
EURCHF – getting close to support of a Falling Wedge
EURCHF 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 11 days and may test it again within the next 2 days.
Huge bearish move on GBPJPY
GBPJPY has moved lower by 3.31% from 157.721 to 152.814 in the last 25 days.
Possible breach of resistance level by USDCHF
USDCHF 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 USDCHF continues in its current trajectory, we could see it […]
Should we expect a breakout or a rebound on EURGBP?
The movement of EURGBP towards 0.8549 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Either a rebound or a breakout imminent on EURCHF
EURCHF is heading towards the support line of a Falling Wedge. If this movement continues, the price of EURCHF could test 1.0522 within the next 2 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.
Where is GBPUSD moving to?
A movement of 3.04% over 23 days on GBPUSD doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Huge bearish move on AUDUSD
AUDUSD has moved lower by 1.12% from 0.737 to 0.73 in the last 15 hours.
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 0.84% move on USDCHF. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.