Those of you that are trend followers are probably eagerly watching USD/CHF to see if its latest 4.78% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 9 days move.
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CHFJPY – approaching a price line that has been previously tested numerous times in the past
CHFJPY is moving towards a key resistance level at 176.6890. CHFJPY has previously tested this level 3 times…
EURCAD – approaching a support line that has been previously tested at least twice in the past
EURCAD is moving towards a support line which it has tested numerous times in the past. We have…
After experiencing 5 consecutive daily bearish candles in the space of 4 days, nobody knows where EURUSD is headed.
EURUSD has experienced an unusual quantity of bearish candles on the Daily timeframe. This is in the 0.949999988079071…