Those of you that are trend followers are probably eagerly watching USD/JPY to see if its latest 1.69% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 10 hours move.
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GBPCHF through 1.132424054054054. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.1261?
The breakout of GBPCHF through the support line of a Triangle could be a sign of the road…
After experiencing a 2.87% bearish move in the space of 11 days, nobody knows where USDCHF is headed.
USDCHF hits 0.87735 after a 2.87% move spanning 11 days.
After trying numerous times in the past, EURGBP finally breaks 0.8392!
The price of EURGBP in heading in the direction of 0.8371. Despite the recent breakout through 0.8392 it…