Important price line breached by EURCHF
EURCHF has broken through 1.0403 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EURCHF may be heading towards 1.0377 within the next 2 days.
Possible breach of support level by AUDUSD
AUDUSD 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 AUDUSD continues in its current trajectory, we could see it […]
USDCAD is on its way up
USDCAD has experienced an exceptionally large movement higher by 0.9% from 1.272 to 1.282 in the last 2 days.
Should we expect a bearish trend on GBPUSD?
The breakout of GBPUSD through the 1.3216 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GBPUSD could test 1.3174 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
A final push possible on AUDJPY
AUDJPY is heading towards 80.6910 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
A final push possible on EURCHF
EURCHF is heading towards 1.0409 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Huge bullish move on EURGBP
EURGBP has moved higher by 1.88% from 0.839 to 0.854 in the last 19 days.
EURGBP – getting close to psychological price line
EURGBP is moving towards a support 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 7 days and may test it again within the next […]
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 […]
Breach of important price line imminent by EURCHF
EURCHF is moving towards a line of 1.0417 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If EURCHF continues in its current trajectory, we […]