Breach of important price line imminent by AUDJPY
AUDJPY is moving towards a line of 94.0800 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUDJPY continues in its current trajectory, we […]
A final push possible on EURCHF
EURCHF is heading towards 0.9807 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Either a rebound or a breakout imminent on GBPJPY
GBPJPY is heading towards the support line of a Triangle. If this movement continues, the price of GBPJPY could test 165.7112 within the next 6 hours. 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.
Possible breach of support level by AUDJPY
AUDJPY 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 AUDJPY continues in its current trajectory, we could see it […]
A final push possible on EURCHF
EURCHF is heading towards 0.9821 and could reach this point within the next 14 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
USDCHF has broken through resistance
USDCHF has broken through a resistance line. It has touched this line at least twice in the last 13 days. This breakout may indicate a potential move to 0.9570 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Breach of important price line imminent by USDJPY
USDJPY is moving towards a line of 139.8010 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDJPY continues in its current trajectory, we […]
A final push possible on GBPUSD
GBPUSD is heading towards 1.2121 and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
EURCHF – getting close to psychological price line
EURCHF is moving towards a support line. Because we have seen it retrace from this level in the past, 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 9 days and may test it again within the next […]
AUDJPY broke through important 93.8830 price line
AUDJPY has broken through a resistance line. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 94.2397 within the next 13 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.