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AUDUSD has moved higher by 3.78% from 0.717 to 0.75 in the last 28 days.

Those of you that are trend followers are probably eagerly watching EURCHF to see if its latest 2.44% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 41 days move.

EURGBP has experienced an exceptionally large movement higher by 0.32% from 0.841 to 0.844 in the last 23 hours.

AUDJPY is heading towards 85.9690 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.

USDCHF is approaching the support line of a Channel Down. It has touched this line numerous times in the last 13 days. If it tests this line again, it should do so in the next 3 days.

A movement of 0.88% over 2 days on GBPJPY 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.

The breakout of EURUSD through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of EURUSD testing 1.1624 within the next 5 hours.

AUDUSD has moved higher by 3.66% from 0.717 to 0.749 in the last 27 days.

EURGBP is heading towards a line of 0.8423. If this movement continues, the price of EURGBP could test 0.8423 within the next 2 days. But don’t be so quick to trade, 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 […]

EURCHF is moving towards the support line of a Channel Down. 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 4 days and may test it again within […]