EURCHF – getting close to psychological price line
EURCHF is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 24 days and may test it again […]
EURCHF – getting close to psychological price line
EURCHF is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 8 days and may test it again […]
Should we expect a bullish trend on USDJPY?
The breakout of USDJPY through the 109.4020 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 USDJPY to test 110.2986 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation […]
Huge bullish move on GBPJPY
GBPJPY has moved higher by 1.23% from 153.972 to 155.78 in the last 16 hours.
Should we expect a bearish trend on EURGBP?
The breakout of EURGBP through the 0.8623 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 EURGBP to test 0.8593 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation […]
Should we expect a breakout or a rebound on USDJPY?
The movement of USDJPY towards 109.4020 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
EURCHF – getting close to psychological price line
EURCHF is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 20 days and may test it again […]
Breach of resistance line imminent by GBPUSD
GBPUSD is moving towards the resistance line of a Rising Wedge 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 GBPUSD continues in its current trajectory, […]
A final push expected on AUDJPY
AUDJPY is heading towards a price line of 85.1700 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 […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]