EUR/USD rose sharply for 22 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 EUR/USD there is a chance that we will witness a correction, no matter how brief.
ARTÍCULOS RELACIONADOS
After testing 175.4530 numerous times, CHFJPY is once again approaching this price point. Can we expect a bullish trend to follow?
CHFJPY is moving towards a resistance line. Because we have seen it retrace from this level in the…
AUDNZD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
AUDNZD is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great…
A final push possible on USDCHF as it starts approaching a price line of 0.8915.
The price of USDCHF in heading back to the support area. It is possible that it will struggle…