USDCAD – getting close to psychological price line
USDCAD is moving towards a support line. Because we have seen it retrace from this level in the past, 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 18 days and may test it again within the next […]
GBPUSD approaching important 1.1876 price line
GBPUSD is approaching the support line of a Support. It has touched this line numerous times in the last 32 days. If it tests this line again, it could do so in the next 3 days.
AUDJPY approaching important 94.0100 price line
AUDJPY is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 26 days. If it tests this line again, it could do so in the next 3 days.
EURCHF approaching important 0.9885 price line
EURCHF is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 24 days. If it tests this line again, it could do so in the next 2 days.
GBPUSD approaching support of a Channel Down
GBPUSD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 13 hours.
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 1.75% move on EURGBP. The movement has happened over the last 15 days. For those trend followers among you, you may think about riding this possible trend.
Huge bearish move on USDCHF
USDCHF has moved lower by 0.67% from 0.96154 to 0.95494 in the last 13 hours.
AUDJPY approaching important 95.7570 price line
AUDJPY is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 16 days. If it tests this line again, it could do so in the next 3 days.
Will USDCAD have enough momentum to break support?
USDCAD is heading towards the support line of a Channel Down and could reach this point within the next 2 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 […]
Huge bearish move on USDCHF
USDCHF has moved lower by 0.37% from 0.96176 to 0.96076 in the last 6 hours.