Huge bearish move on EURCHF
EURCHF has moved lower by 0.49% from 1.103 to 1.098 in the last 2 days.
Breach of support line imminent by GBPUSD
GBPUSD is moving towards the support line of a Triangle 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 GBPUSD continues in its current trajectory, we […]
Huge bearish move on EURCHF
EURCHF has moved lower by 0.21% from 1.103 to 1.101 in the last 12 hours.
EURGBP – getting close to psychological price line
EURGBP is moving towards the support line of a Support. 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 7 days and may test it again […]
What’s going on with USDCHF?
Those of you that are trend followers are probably eagerly watching USDCHF to see if its latest 2.91% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 27 days move.
AUDJPY is on its way up
AUDJPY has experienced an exceptionally large movement higher by 0.64% from 84.457 to 84.78 in the last 2 days.
What’s going on with USDCNH?
Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 1.57% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 27 days move.
Where is EURUSD moving to?
A movement of 3.03% over 28 days on EURUSD 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.
Either a rebound or a breakout imminent on GBPJPY
GBPJPY is heading towards the support line of a Channel Down. If this movement continues, we expect the price of GBPJPY to test 149.0610 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up […]
USDJPY – getting close to support of a Channel Up
USDJPY 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 5 days and may test it again within […]