Huge bullish move on GBPUSD
GBPUSD has moved higher by 0.37% from 1.405 to 1.41 in the last 17 hours.
A start of a bullish trend on GBPUSD
GBPUSD has broken through a line of 1.4071. If this breakout holds true, we expect the price of GBPUSD to test 1.4088 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
AUDJPY – getting close to psychological price line
AUDJPY 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 8 days and may test it again […]
EURCHF – psychological price line breached
EURCHF has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a target line to be around 1.0928 within the […]
USDCHF is on its way down
USDCHF has experienced an exceptionally large movement lower by 4.29% from 0.943 to 0.901 in the last 41 days.
Where is USDCNH moving to?
A movement of 2.33% over 41 days on USDCNH doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Big movement expected on EURGBP
EURGBP has broken through a line of 0.8587 and suggests a possible movement to 0.8572 within the next 5 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]
AUDJPY approaching support of a Channel Up
AUDJPY is approaching the support line of a Channel Up. It has touched this line numerous times in the last 19 days. If it tests this line again, it should do so in the next 3 days.
Huge bearish move on GBPUSD
GBPUSD has moved lower by 0.37% from 1.415 to 1.411 in the last 11 hours.
Breach of support line imminent by USDCHF
USDCHF is moving towards the support line of a Channel Up 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 USDCHF continues in its current trajectory, […]