USDJPY approaching support of a Channel Down
USDJPY is approaching the support line of a Channel Down. It has touched this line numerous times in the last 6 days. If it tests this line again, it should do so in the next 2 days.
Should we expect a bearish trend on AUDUSD?
The breakout of AUDUSD through the 0.7316 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of AUDUSD to test 0.7291 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation […]
Huge bearish move on EURCHF
EURCHF has moved lower by 0.52% from 1.08 to 1.074 in the last 14 hours.
GBPUSD approaching resistance of a Channel Up
GBPUSD is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 7 hours.
Either a rebound or a breakout imminent on USDJPY
USDJPY is heading towards the support line of a Channel Down. If this movement continues, we expect the price of USDJPY to test 109.3280 within the next 6 hours. 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 […]
Huge bearish move on EURCHF
EURCHF has moved lower by 0.32% from 1.084 to 1.08 in the last 12 hours.
Breach of important price line imminent by AUDJPY
AUDJPY is moving towards a line of 80.7700 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUDJPY continues in its current trajectory, we […]
USDJPY – getting close to resistance of a Rising Wedge
USDJPY is moving towards the resistance line of a Rising Wedge. 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 14 days and may test it again within […]
Either a rebound or a breakout imminent on USDCAD
USDCAD is heading towards the support line of a Channel Down. If this movement continues, we expect the price of USDCAD to test 1.2490 within the next 18 hours. 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 […]
Should we expect a bullish trend on EURCHF?
The breakout of EURCHF through the 1.0819 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of EURCHF to test 1.0855 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation […]