EURGBP rose sharply for 5 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in EURGBP there is a chance that we will witness a correction, no matter how brief.
ARTÍCULOS RELACIONADOS
A Channel Up has formed, EURCAD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
A Channel Up pattern was identified on EURCAD at 1.6092, creating an expectation that it may move to…
Could 8 consecutive daily bullish candles on GBPJPY be a sign of things to come?
GBPJPY has experienced an unusual quantity of bullish candles on the Daily timeframe. This is in the 0.98…
Important price line breached by USDJPY. This price has been tested numerous times before.
USDJPY has broken through a line of 147.0225. If this breakout holds true, we could see the price…