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 3.72% move on EURGBP. The movement has happened over the last 42 days. For those trend followers among you, you may think about riding this trend.
AUDJPY approaching support of a Channel Up
AUDJPY is approaching the support line of a Channel Up. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
Should we expect a breakout or a rebound on USDCHF?
The movement of USDCHF towards the support line of a Triangle is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back […]
Huge bullish move on USDJPY
USDJPY has moved higher by 0.38% from 104.922 to 105.383 in the last 12 hours.
EURCHF approaching resistance of a Rising Wedge
EURCHF is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 7 hours.
Should we expect a breakout or a rebound on AUDJPY?
The movement of AUDJPY towards the resistance line of a Rising 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 […]
Should we expect a bullish trend on USDJPY?
The breakout of USDJPY through the 104.8510 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 105.3128 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation […]
EURCHF approaching support of a Falling Wedge
EURCHF is approaching the support line of a Falling Wedge. It has touched this line numerous times in the last 8 days. If it tests this line again, it should do so in the next 2 days.
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 3.31% move on EURGBP. The movement has happened over the last 37 days. For those trend followers among you, you may think about riding this trend.
USDCAD – getting close to resistance of a Channel Down
USDCAD is moving towards the resistance 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 9 days and may test it again within […]