EURGBP approaching support of a Descending Triangle
EURGBP is approaching the support line of a Descending Triangle. It has touched this line numerous times in the last 21 hours. If it tests this line again, it should do so in the next 7 hours.
Huge bullish move on USDCNH
USDCNH has moved higher by 0.25% from 6.363 to 6.38 in the last 14 hours.
What’s going on with AUDUSD?
Those of you that are trend followers are probably eagerly watching AUDUSD to see if its latest 1.28% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 9 hours move.
AUDJPY broke through important 92.8540 price line
AUDJPY has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 93.8029 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
What’s going on with EURGBP?
Those of you that are trend followers are probably eagerly watching EURGBP to see if its latest 0.75% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 22 hours move.
USDJPY – getting close to psychological price line
USDJPY is moving towards a resistance line. Because we have seen it retrace from this level in the past, 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 8 days and may test it again within the next […]
EURCHF approaching important 1.0251 price line
EURCHF is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 11 days. If it tests this line again, it could do so in the next 2 days.
Where is USDCHF moving to?
A movement of 1.92% over 17 days on USDCHF doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
AUDJPY broke through important 91.8770 price line
AUDJPY has broken through a resistance line. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 92.3815 within the next 8 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
USDCHF is on its way down
USDCHF has experienced an exceptionally large movement lower by 1.87% from 0.94 to 0.923 in the last 16 days.