USDCHF approaching important 0.9206 price line
USDCHF is approaching the support line of a Support. It has touched this line numerous times in the last 16 days. If it tests this line again, it should do so in the next 3 days.
Either a rebound or a breakout imminent on AUDJPY
AUDJPY is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of AUDJPY to test 80.6570 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 […]
Huge bullish move on USDJPY
USDJPY has moved higher by 0.96% from 109.153 to 110.301 in the last 2 days.
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards 1.0824 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 9 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
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 0.31% move on EURGBP. The movement has happened over the last 17 hours. For those trend followers among you, you may think about riding this trend.
Huge bearish move on AUDJPY
AUDJPY has moved lower by 3.32% from 81.333 to 78.996 in the last 20 days.
Should we expect a bullish trend on EURUSD?
The breakout of EURUSD through the 1.1732 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of EURUSD to test 1.1744 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation […]
Where is EURCHF moving to?
A movement of 0.18% over 15 hours 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.
Should we expect a breakout or a rebound on USDCHF?
The movement of USDCHF towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 6 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Will GBPJPY have enough momentum to break support?
GBPJPY is heading towards the support line of a Channel Down and could reach this point within the next 20 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 […]