GBPJPY – getting close to psychological price line
GBPJPY is moving towards a support line. Because we have seen it retrace from this level in the past, 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 12 days and may test it again within the next […]
USDJPY – psychological price line breached
USDJPY has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 31 days and suggests a possible target level to be around 146.6691 within the next 3 […]
GBPUSD approaching support of a Falling Wedge
GBPUSD is approaching the support line of a Falling Wedge. 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 12 hours.
AUDJPY is on its way down
AUDJPY has experienced an exceptionally large movement lower by 4.95% from 98.378 to 92.454 in the last 26 days.
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 9 days. If it tests this line again, it should do so in the next 3 days.
Huge bullish move on GBPUSD
GBPUSD has moved higher by 6.03% from 1.07965 to 1.13296 in the last 11 days.
GBPJPY has broken through support
GBPJPY has broken through a support line. It has touched this line at least twice in the last 11 days. This breakout may indicate a potential move to 158.4413 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 before […]
AUDJPY – getting close to psychological price line
AUDJPY is moving towards a support line. Because we have seen it retrace from this level in the past, 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 11 days and may test it again within the next […]
EURCHF – getting close to resistance of a Channel Up
EURCHF is moving towards a resistance line. 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 10 days and may test it again within the next 3 days.
EURUSD – support line breached
EURUSD has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 8 days and suggests a possible target level […]