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EURGBP is approaching the support line of a Support. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 2 days.

For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 0.85% move on GBPUSD. The movement has happened over the last 21 hours. For those trend followers among you, you may think about riding this trend.

EURCHF has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 18 days. This breakout shows a potential move to 1.0794 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout […]

USDJPY is heading towards a price line of 110.2380 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 could see […]

A movement of 0.66% over 8 hours on USDCAD 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.

GBPUSD has moved lower by 1.04% from 1.375 to 1.362 in the last 2 days.

EURCHF has moved lower by 0.1% from 1.073 to 1.072 in the last 7 hours.

EURGBP has moved higher by 0.6% from 0.852 to 0.856 in the last 17 hours.

AUDUSD has experienced an exceptionally large movement lower by 1.38% from 0.726 to 0.716 in the last 2 days.

A movement of 0.28% over 11 hours on USDCNH 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.