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GBPUSD is heading towards the resistance line of a Channel Up and could reach this point within the next 17 hours. 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 […]

EURUSD has moved higher by 1.42% from 1.04 to 1.055 in the last 2 days.

Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 1% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 days move.

AUDUSD has moved higher by 1.79% from 0.69 to 0.7 in the last 2 days.

A movement of 0.83% over 14 hours on GBPUSD 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.

AUDJPY is moving towards a resistance line. Because we have seen it retrace from this line before, 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 5 days and may test it again within the next 18 hours.

EURCHF 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 EURCHF continues in its current trajectory, we could see it […]

Those of you that are trend followers are probably eagerly watching USDCHF to see if its latest 8.58% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 45 days move.

A movement of 7.44% over 44 days on USDCNH 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.

USDCHF has experienced an exceptionally large movement higher by 7.71% from 0.923 to 0.994 in the last 43 days.