Will AUDJPY have enough momentum to break resistance?
AUDJPY is heading towards the resistance line of a Triangle 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 from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could […]
EURCHF is on its way up
EURCHF has experienced an exceptionally large movement higher by 0.28% from 1.088 to 1.09 in the last 3 days.
GBPUSD approaching important 1.4120 price line
GBPUSD is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 16 hours.
Breach of important price line imminent by AUDJPY
AUDJPY is moving towards a line of 84.2420 which it has tested numerous times in the past. We have seen it retrace from this positions 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 […]
What’s going on with USDCHF?
Those of you that are trend followers are probably eagerly watching USDCHF to see if its latest 0.55% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 11 hours move.
GBPJPY approaching resistance of a Channel Down
GBPJPY is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 10 days. If it tests this line again, it should do so in the next 2 days.
Breach of important price line imminent by GBPUSD
GBPUSD is moving towards a line of 1.4203 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GBPUSD continues in its current trajectory, we […]
Breach of support line imminent by EURCHF
EURCHF is moving towards the support line of a Channel Down 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 EURCHF continues in its current trajectory, […]
AUDJPY approaching support of a Channel Down
AUDJPY is approaching the support line of a Channel Down. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 3 days.
USDCNH approaching important 6.3765 price line
USDCNH is approaching the support line of a Support. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 2 days.