USDJPY 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 5.28% move on USDJPY. The movement has happened over the last 20 days. For those trend followers among you, you may think about riding this possible trend.
GBPUSD approaching resistance of a Channel Up
GBPUSD is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 18 hours.
EURCHF approaching support of a Channel Down
EURCHF is approaching the support line of a Channel Down. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 23 hours.
Huge bearish move on AUDJPY
AUDJPY has moved lower by 2.83% from 93.112 to 90.572 in the last 22 hours.
What’s going on with USDJPY?
Those of you that are trend followers are probably eagerly watching USDJPY to see if its latest 2.58% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 4 days move.
Huge bullish move on GBPUSD
GBPUSD has moved higher by 3.02% from 1.18891 to 1.21814 in the last 17 days.
Breach of important price line imminent by EURCHF
EURCHF is moving towards a line of 0.9754 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURCHF continues in its current trajectory, we […]
AUDJPY approaching support of a Channel Down
AUDJPY is approaching the support line of a Channel Down. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 12 hours.
Huge bearish move on USDJPY
USDJPY has moved lower by 0.7% from 134.068 to 133.18 in the last 3 days.
Huge bullish move on GBPUSD
GBPUSD has moved higher by 2.8% from 1.18891 to 1.21552 in the last 15 days.