The breakout of USD/CHF through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we may see the price of USD/CHF testing 0.9082 within the next 3 days.
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A very large move was recorded on AUDCAD. The size of the shift is exceptional.
AUDCAD reached 0.909115 after a 0.94% move spanning 2 days.
EURAUD is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
EURAUD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…
Supports and resistances are primary concepts of technical analysis. USDCAD is heading for an important price of 1.3786 – read about what this could mean for the future.
USDCAD is moving towards a line of 1.3786 which it has tested numerous times in the past. We…