AUDJPY is on its way down
AUDJPY has experienced an exceptionally large movement lower by 1.05% from 81.318 to 80.408 in the last 10 hours.
Where is USDJPY moving to?
A movement of 0.61% over 6 hours on USDJPY 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.
What’s going on with EURCHF?
Those of you that are trend followers are probably eagerly watching EURCHF to see if its latest 4.44% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 72 days move.
USDCAD approaching support of a Channel Up
USDCAD is approaching the support line of a Channel Up. It has touched this line numerous times in the last 14 days. If it tests this line again, it should do so in the next 3 days.
Should we expect a breakout or a rebound on USDCHF?
The movement of USDCHF towards 0.9292 price line is yet another test of the line it reached numerous times in the past. We could expect this 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 back to current lines.
Where is AUDJPY moving to?
A movement of 2.82% over 2 days on AUDJPY 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.
Where is EURCHF moving to?
A movement of 0.51% over 18 hours on EURCHF 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.
Where is USDJPY moving to?
A movement of 0.51% over 8 hours on USDJPY 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 AUDUSD
AUDUSD has moved lower by 4.72% from 0.751 to 0.719 in the last 30 days.
A final push possible on AUDJPY
AUDJPY is heading towards 82.6530 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, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.