Will AUDJPY have enough momentum to break resistance?
AUDJPY is heading towards the resistance line of a Triangle and could reach this point within the next 2 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 […]
Should we expect a breakout or a rebound on EURCHF?
The movement of EURCHF towards 1.0768 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 14 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Big movement expected on EURGBP
EURGBP has broken through a resistance line of a Falling Wedge and suggests a possible movement to 0.8945 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a […]
Huge bearish move on USDCHF
USDCHF has moved lower by 0.79% from 0.89 to 0.885 in the last 2 days.
Will EURCHF have enough momentum to break support?
EURCHF is heading towards the support line of a Falling Wedge 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 […]
Will AUDJPY have enough momentum to break resistance?
AUDJPY is heading towards the resistance line of a Triangle and could reach this point within the next 2 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 […]
USDCAD 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 0.71% move on USDCAD. The movement has happened over the last 13 hours. For those trend followers among you, you may think about riding this trend.
EURGBP is on its way up
EURGBP has experienced an exceptionally large movement higher by 0.33% from 0.886 to 0.887 in the last 8 hours.
Either a rebound or a breakout imminent on EURUSD
EURUSD is heading towards the support line of a Channel Down. If this movement continues, we expect the price of EURUSD to test 1.2054 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 […]
A final push expected on AUDJPY
AUDJPY is heading towards a price line of 80.3710 and could reach this point within the next 2 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 […]