EURGBP is on its way up
EURGBP has experienced an exceptionally large movement higher by 1.25% from 0.847 to 0.857 in the last 22 days.
USDCHF – getting close to psychological price line
USDCHF is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 18 days and may test it again […]
What’s going on with EURCHF?
Those of you that are trend followers are probably eagerly watching EURCHF to see if its latest 0.62% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 3 days move.
GBPJPY – getting close to support of a Channel Down
GBPJPY is moving towards the support 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 24 days and may test it again within […]
Breach of support line imminent by AUDUSD
AUDUSD is moving towards the support line of a Rising Wedge 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 AUDUSD continues in its current trajectory, […]
EURCHF – psychological price line breached
EURCHF has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 24 days and suggests a target line to be around 1.0828 within the […]
EURGBP is on its way up
EURGBP has experienced an exceptionally large movement higher by 1.3% from 0.847 to 0.858 in the last 18 days.
GBPUSD 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 0.53% move on GBPUSD. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this trend.
USDJPY 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 0.13% move on USDJPY. The movement has happened over the last 6 hours. For those trend followers among you, you may think about riding this trend.
Where is EURCHF moving to?
A movement of 0.29% over 22 hours on EURCHF doesn’t go unnoticed. You may start considering where it’s heading next, a continuation of the current upward trend, or a reversal in the previous direction.