Either a rebound or a breakout imminent on USDJPY
USDJPY is heading towards the resistance line of a Falling Wedge. If this movement continues, we expect the price of USDJPY to test 108.5140 within the next 20 hours. 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 […]
Important price line breached by AUDJPY
AUDJPY has broken through a line of 83.7490 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 83.2122 can be expected within the next […]
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 2.81% move on USDCHF. The movement has happened over the last 20 days. For those trend followers among you, you may think about riding this trend.
Huge bullish move on EURCHF
EURCHF has moved higher by 0.24% from 1.1 to 1.102 in the last 18 hours.
What’s going on with GBPJPY?
Those of you that are trend followers are probably eagerly watching GBPJPY to see if its latest 0.89% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 12 hours move.
Huge bullish move on GBPUSD
GBPUSD has moved higher by 0.44% from 1.382 to 1.388 in the last 7 hours.
Important price line breached by AUDJPY
AUDJPY has broken through a line of 84.0340 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 83.4471 can be expected within the next […]
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 0.48% 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.
What’s going on with USDCHF?
Those of you that are trend followers are probably eagerly watching USDCHF to see if its latest 2% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 15 days move.
AUDJPY approaching resistance of a Rising Wedge
AUDJPY is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 17 hours.