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 0.8% move on USDCAD. The movement has happened over the last 19 hours. For those trend followers among you, you may think about riding this possible trend.
Either a rebound or a breakout imminent on AUDJPY
AUDJPY is heading towards a line of 95.6170. If this movement continues, the price of AUDJPY could test 95.6170 within the next 20 hours. 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 rebounding.
Possible breach of support level by EURCHF
EURCHF is moving towards a support line 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, we could see it […]
Huge bearish move on USDJPY
USDJPY has moved lower by 1.33% from 137.871 to 136.058 in the last 16 hours.
Breach of important price line imminent by USDJPY
USDJPY is moving towards a line of 136.9800 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDJPY continues in its current trajectory, we […]
Possible breach of resistance level by AUDJPY
AUDJPY is moving towards a resistance line 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, we could see it […]
Possible breach of resistance level by EURCHF
EURCHF is moving towards a resistance line 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, we could see it […]
Breach of important price line imminent by USDJPY
USDJPY is moving towards a line of 137.8890 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDJPY continues in its current trajectory, we […]
USDCHF – getting close to psychological price line
USDCHF 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 2 days and may test it again within the next […]
AUDJPY 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 1.64% move on AUDJPY. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.