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 0.99% move on USDJPY. The movement has happened over the last 4 hours. For those trend followers among you, you may think about riding this possible trend.
Huge bearish move on USDCHF
USDCHF has moved lower by 0.76% from 0.96134 to 0.955 in the last 11 hours.
Huge bullish move on GBPUSD
GBPUSD has moved higher by 1.35% from 1.20326 to 1.21873 in the last 18 hours.
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 0.77% move on USDJPY. The movement has happened over the last 10 hours. For those trend followers among you, you may think about riding this possible trend.
Possibility of big movement expected on AUDJPY
AUDJPY has broken through a resistance line of a Triangle and suggests a possible movement to 95.9124 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back […]
EURCHF – resistance line breached
EURCHF has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days and suggests a possible target level to […]
GBPUSD approaching resistance of a Rising Wedge
GBPUSD is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.
Possible breach of resistance level by AUDJPY
AUDJPY is moving towards a resistance line 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 AUDJPY continues in its current trajectory, we could see it […]
Important price line breached by EURCHF
EURCHF has broken through 0.9806 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EURCHF may be heading towards 0.9752 within the next 3 days.
Either a rebound or a breakout imminent on EURUSD
EURUSD is heading towards a line of 1.0276. If this movement continues, the price of EURUSD could test 1.0276 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 rebounding.