Those of you that are trend followers are probably eagerly watching GBP/USD to see if its latest 2.55% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 19 days move.
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An unexpected large move has occurred on EURCAD Daily chart! Is this a sign of something new? What can we expect?
EURCAD hits 1.535385 after a 2.54% move spanning 17 days.
If you’re short GBPUSD you should be aware of the rapidly approaching level of 1.2980
GBPUSD is about to retest a key horizontal resistance level near 1.2980. It has tested this level 4…
AUDJPY – approaching a support line that has been previously tested at least twice in the past
A Triangle pattern was identified on AUDJPY at 94.4205, creating an expectation that it may move to the…