USDCHF has broken through a line of 0.9089 and suggests a possible movement to 0.9049 within the next 14 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
Supported by Downward sloping Moving Average
Target: 0.9049 Entry: 0.9083 Stop: 0.9116
EURUSD is moving towards a key support level at 1.1296. EURUSD has previously tested this level 4 times and on each occasion it has bounced back off this level. Is
A strong resistance level has been breached at 143.2840 on the 4 hour USDJPY chart. Technical Analysis theory forecasts a movement to 144.5834 in the next day. Supported by Upward
GBPUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it