Where is EURCHF moving to?
A movement of 1.32% over 16 days on EURCHF 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.
Where is USDJPY moving to?
A movement of 1.74% over 17 days on USDJPY 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.
Huge bullish move on USDJPY
USDJPY has moved higher by 2.38% from 109.689 to 111.981 in the last 16 days.
GBPUSD – getting close to support of a Channel Down
GBPUSD 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 7 days and may test it again within […]
Huge bearish move on EURCHF
EURCHF has moved lower by 1.34% from 1.091 to 1.078 in the last 15 days.
Will AUDJPY have enough momentum to break resistance?
AUDJPY is heading towards the resistance line of a Rising Wedge 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 from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we […]
GBPUSD – getting close to support of a Channel Down
GBPUSD 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 2 days and may test it again within […]
Huge bullish move on EURGBP
EURGBP has moved higher by 1.26% from 0.853 to 0.864 in the last 15 days.
USDJPY 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 1.95% move on USDJPY. The movement has happened over the last 15 days. For those trend followers among you, you may think about riding this trend.
EURCHF has broken through resistance
EURCHF has broken through the resistance line of a Pennant. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 1.0877 within the next 23 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the […]