AUDJPY 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 1.1% move on AUDJPY. The movement has happened over the last 12 hours. For those trend followers among you, you may think about riding this trend.
USDCAD – getting close to support of a Channel Up
USDCAD is moving towards the support line of a Channel Up. 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 15 days and may test it again within […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the resistance line of a Inverse Head and Shoulders is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or […]
What’s going on with AUDJPY?
Those of you that are trend followers are probably eagerly watching AUDJPY to see if its latest 4.28% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 27 days move.
USDJPY – getting close to support of a Channel Down
USDJPY is moving towards the support line of a Channel Down. 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 6 days and may test it again within […]
Huge bullish move on USDCAD
USDCAD has moved higher by 3.6% from 1.23 to 1.275 in the last 28 days.
GBPUSD is on its way down
GBPUSD has experienced an exceptionally large movement lower by 1.44% from 1.381 to 1.366 in the last 4 days.
AUDJPY 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 1.46% move on AUDJPY. The movement has happened over the last 4 days. For those trend followers among you, you may think about riding this trend.
Huge bearish move on GBPJPY
GBPJPY has moved lower by 0.98% from 152.118 to 151.07 in the last 3 days.
Where is EURGBP moving to?
A movement of 0.59% over 12 hours on EURGBP 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.