Huge bearish move on EURUSD
EURUSD has moved lower by 0.64% from 1.086 to 1.083 in the last 9 hours.
Will GBPUSD have enough momentum to break support?
GBPUSD is heading towards the support line of a Channel Down and could reach this point within the next 10 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 […]
Possible breach of support level by USDJPY
USDJPY is moving towards a support 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 USDJPY continues in its current trajectory, we could see it […]
Either a rebound or a breakout imminent on EURCHF
EURCHF is heading towards the support line of a Channel Down. If this movement continues, the price of EURCHF could test 1.0122 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
USDCHF 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 0.33% move on USDCHF. The movement has happened over the last 4 hours. For those trend followers among you, you may think about riding this possible trend.
Should we expect a bullish trend on AUDJPY?
The breakout of AUDJPY through the 92.8970 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, AUDJPY could test 93.5767 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Possible breach of support level by EURCHF
EURCHF is moving towards a support 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 […]
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 […]
Possible breach of support level by EURCHF
EURCHF is moving towards a support 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 […]
Huge bearish move on EURGBP
EURGBP has moved lower by 0.35% from 0.835 to 0.832 in the last 8 hours.