Possible breach of resistance level by GBPUSD
GBPUSD 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 GBPUSD continues in its current trajectory, we could see it […]
Either a rebound or a breakout imminent on EURCHF
EURCHF is heading towards the support line of a Descending Triangle. If this movement continues, the price of EURCHF could test 1.0233 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Possible breach of resistance level by USDJPY
USDJPY 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 USDJPY continues in its current trajectory, we could see it […]
GBPUSD experienced an exceptionally large movement
No matter your trading style, keep an eye on GBPUSD after an exceptional 3.18% move. The movement has happened over the last
AUDJPY experienced an exceptionally large movement
No matter your trading style, keep an eye on AUDJPY after an exceptional 2.1% move. The movement has happened over the last
What’s going on with AUDUSD?
Those of you that are trend followers are probably eagerly watching AUDUSD to see if its latest 1.64% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 4 days move.
Where is USDCHF moving to?
A movement of 4.45% over 13 days on USDCHF doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current downward trend, or a reversal in the previous direction.
Huge bearish move on USDCAD
USDCAD has moved lower by 2.46% from 1.299 to 1.272 in the last 17 days.
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 […]
What’s going on with EURUSD?
Those of you that are trend followers are probably eagerly watching EURUSD to see if its latest 3.09% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 15 days move.