Important price line breached by EURCHF
EURCHF has broken through a line of 1.0950 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1.0933 can be expected within the next […]
What’s going on with USDCNH?
Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 0.16% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 7 hours move.
USDJPY 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 0.46% move on USDJPY. The movement has happened over the last 16 hours. For those trend followers among you, you may think about riding this trend.
Important price line breached by EURCHF
EURCHF has broken through a line of 1.0974 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 1.0984 can be expected within the next […]
Huge bullish move on USDCNH
USDCNH has moved higher by 0.18% from 6.462 to 6.472 in the last 13 hours.
Where is USDCHF moving to?
A movement of 0.59% over 2 days on USDCHF 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.
AUDJPY – getting close to support of a Channel Down
AUDJPY 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 2 days and may test it again within […]
EURCHF – getting close to psychological price line
EURCHF is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 2 days and may test it again […]
Where is USDCAD moving to?
A movement of 0.47% over 20 hours on USDCAD 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.
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 0.23% move on AUDJPY. The movement has happened over the last 8 hours. For those trend followers among you, you may think about riding this trend.