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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 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 […]

USDCAD has moved higher by 0.95% from 1.261 to 1.273 in the last 2 days.

AUDUSD has moved higher by 4.79% from 0.702 to 0.733 in the last 36 days.

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 0.79% move on GBPJPY. The movement has happened over the last 15 hours. For those trend followers among you, you may think about riding this possible trend.

EURCHF is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.

EURGBP has moved lower by 0.8% from 0.835 to 0.828 in the last 23 hours.

A movement of 0.82% 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 heading towards the resistance line of a Ascending Triangle and could reach this point within the next 22 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 […]

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 […]