Extreme movement experienced on AUD/USD. Check this chart to see what to do next

Those of you that are trend followers are probably eagerly watching AUD/USD to see if its latest 1.81% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 3 days move.

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We expect CC to trend upwards today with a 75% chance.

We expect GBPUSD to trend downwards today with a 83.33% chance.

DAX 40 is approaching 18942.0996. We expect either a breakout through this line, or a rebound.

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Extreme movement experienced on AUD/USD. Check this chart to see what to do next

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USDJPY experienced a very large 2 days bearish move to 151.829

A Channel Down has formed, EURJPY is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

USDCHF seems to be on its way to support – a possible opportunity?

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Extreme movement experienced on AUD/USD. Check this chart to see what to do next

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