USDCHF approaching important 0.9128 price line
USDCHF is approaching the support line of a Support. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 8 hours.
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the support line of a Channel Up 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 simply rebound […]
What’s going on with AUDJPY?
Those of you that are trend followers are probably eagerly watching AUDJPY to see if its latest 0.92% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 21 hours move.
EURGBP 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 0.36% move on EURGBP. The movement has happened over the last 9 hours. For those trend followers among you, you may think about riding this trend.
EURUSD 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 0.88% move on EURUSD. The movement has happened over the last 4 days. For those trend followers among you, you may think about riding this trend.
USDCHF 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 2.99% move on USDCHF. The movement has happened over the last 24 days. For those trend followers among you, you may think about riding this trend.
AUDUSD 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 0.65% move on AUDUSD. The movement has happened over the last 18 hours. For those trend followers among you, you may think about riding this trend.
Important price line breached by AUDJPY
AUDJPY has broken through a line of 83.6940 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 83.1837 can be expected within the next […]
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 […]
Where is USDCNH moving to?
A movement of 1.28% over 22 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.