AUDUSD 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 4.61% move on AUDUSD. The movement has happened over the last 40 days. For those trend followers among you, you may think about riding this possible trend.
USDJPY – getting close to resistance of a Rectangle
USDJPY 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 9 days and may test it again within the next 2 days.
What’s going on with GBPUSD?
Those of you that are trend followers are probably eagerly watching GBPUSD to see if its latest 3.38% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 27 days move.
Possible start of a bearish trend on AUDJPY
AUDJPY has broken through a line of 84.2450. If this breakout holds true, we could see the price of AUDJPY heading towards 83.7269 within the next 20 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any […]
What’s going on with EURCHF?
Those of you that are trend followers are probably eagerly watching EURCHF to see if its latest 5.19% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 24 days move.
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 0.88% move on USDCHF. The movement has happened over the last 3 days. For those trend followers among you, you may think about riding this possible trend.
Where is AUDUSD moving to?
A movement of 5.47% over 37 days on AUDUSD 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.
GBPUSD has broken through support
GBPUSD has broken through a support line. It has touched this line at least twice in the last 9 days. This breakout may indicate a potential move to 1.3167 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before […]
Huge bullish move on USDCAD
USDCAD has moved higher by 0.95% from 1.261 to 1.273 in the last 2 days.
Huge bullish move on AUDUSD
AUDUSD has moved higher by 4.79% from 0.702 to 0.733 in the last 36 days.