What’s going on with USDCNH?
Those of you that are trend followers are probably eagerly watching USDCNH to see if its latest 1.57% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 27 days move.
Where is EURUSD moving to?
A movement of 3.03% over 28 days on EURUSD 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.
Either a rebound or a breakout imminent on GBPJPY
GBPJPY is heading towards the support line of a Channel Down. If this movement continues, we expect the price of GBPJPY to test 149.0610 within the next 3 days. 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 […]
USDJPY – getting close to support of a Channel Up
USDJPY is moving towards the support line of a Channel Up. 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 5 days and may test it again within […]
USDCHF approaching important 0.9128 price line
USDCHF is approaching the support line of a Support. 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 8 hours.
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards the support line of a Channel Up 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 […]
What’s going on with AUDJPY?
Those of you that are trend followers are probably eagerly watching AUDJPY to see if its latest 0.92% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 21 hours move.
EURGBP 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 0.36% move on EURGBP. The movement has happened over the last 9 hours. For those trend followers among you, you may think about riding this trend.
EURUSD 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 0.88% move on EURUSD. The movement has happened over the last 4 days. For those trend followers among you, you may think about riding this trend.
USDCHF 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 2.99% move on USDCHF. The movement has happened over the last 24 days. For those trend followers among you, you may think about riding this trend.