EURUSD is on its way up
EURUSD has experienced an exceptionally large movement higher by 0.8% from 1.041 to 1.049 in the last 15 hours.
Breach of important price line imminent by AUDJPY
AUDJPY is moving towards a line of 92.4220 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 AUDJPY continues in its current trajectory, we […]
Where is USDJPY moving to?
A movement of 0.95% over 13 hours on USDJPY doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.
Will EURCHF have enough momentum to break support?
EURCHF is heading towards the support line of a Falling Wedge 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 […]
What’s going on with USDCNH?
Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 0.5% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 6 hours move.
GBPUSD experienced an exceptionally large movement
No matter your trading style, keep an eye on GBPUSD after an exceptional 3.01% move. The movement has happened over the last
Should we expect a breakout or a rebound on USDCHF?
The movement of USDCHF towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 8 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to […]
Should we expect a breakout or a rebound on AUDJPY?
The movement of AUDJPY towards 94.9940 price line is yet another test of the line it reached numerous times in the past. We could expect this 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 back to current lines.
GBPUSD experienced an exceptionally large movement
No matter your trading style, keep an eye on GBPUSD after an exceptional 1.59% move. The movement has happened over the last
Where is GBPJPY moving to?
A movement of 7.29% over 30 days on GBPJPY doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.