Breach of support line imminent by GBPJPY
GBPJPY is moving towards the support line of a Channel Down 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 GBPJPY continues in its current trajectory, […]
Breach of resistance line imminent by USDCHF
USDCHF is moving towards the resistance line of a Channel Down 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 USDCHF continues in its current trajectory, […]
A start of a bearish trend on EURCHF
EURCHF has broken through a line of 1.1046. If this breakout holds true, we expect the price of EURCHF to test 1.1014 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
GBPUSD – getting close to support of a Channel Up
GBPUSD 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 13 days and may test it again within […]
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 1.21% move on EURGBP. The movement has happened over the last 16 hours. For those trend followers among you, you may think about riding this trend.
Breach of resistance line imminent by EURCHF
EURCHF is moving towards the resistance line of a Channel Up 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 EURCHF continues in its current trajectory, […]
USDJPY – getting close to support of a Channel Down
USDJPY is moving towards the support line of a Channel Down. 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 4 days and may test it again within […]
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 0.75% move on USDCHF. The movement has happened over the last 10 hours. For those trend followers among you, you may think about riding this trend.
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 0.42% move on EURGBP. The movement has happened over the last 12 hours. For those trend followers among you, you may think about riding this trend.
Breach of resistance line imminent by AUDJPY
AUDJPY is moving towards the resistance line of a Ascending Triangle 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 AUDJPY continues in its current trajectory, […]