EURJPY Rising Trend Line (Sep 27, 2017)

by Kate Curtis | September 27, 2017 5:00 am
EURJPY has been trending higher recently, with a rising trend line connecting the lows on the 4-hour time frame. Price is moving close to testing this support area, which lines up with the 61.8% Fibonacci retracement level...

GBPUSD Countertrend and Correction Setups (Sep 26, 2017)

by Kate Curtis | September 26, 2017 3:00 am
GBPUSD is still trending higher on its longer-term charts and is testing the top of its ascending channel visible on the daily time frame. This could mean an opportunity for a countertrend play back to the support...

AUDNZD Channel Breakdown (Sep 25, 2017)

by Kate Curtis | September 25, 2017 4:44 am
AUDNZD recently broke below the ascending channel support on its 4-hour time frame to signal that a reversal is underway. Before that happens though, price could still make a pullback to the broken support. However, the 100...

AUDJPY Uptrend Setup (Sep 22, 2017)

by Kate Curtis | September 22, 2017 3:21 am
AUDJPY continues to trend higher and is moving inside an ascending channel pattern on its 4-hour chart. Price just bounced off the resistance at 90.30 and is making a pullback to support at the 89.00 area. Applying...

GBPNZD Ascending Trend Line (Sep 21, 2017)

by Kate Curtis | September 21, 2017 4:08 am
GBPNZD has been trending higher and is moving above an ascending trend line connecting the latest lows of price action since August 22. Price has surged past the area of interest around 1.8200 and has found resistance...

EURCAD Triangle Resistance (Sep 20, 2017)

by Kate Curtis | September 20, 2017 3:45 am
EURCAD is forming a descending triangle on its 4-hour chart and could be due for a test of the top. This lines up with the 61.8% Fibonacci retracement level near the 1.4850 minor psychological mark and a...

USDCAD Downtrend Pullback (Sep 19, 2017)

by Kate Curtis | September 19, 2017 4:49 am
USDCAD continues to trend lower but seems to be in a correction from its current selloff. Applying the Fibonacci retracement tool shows that the the 50% level lines up with the trend line resistance and the 1.2400...

EURGBP Resistance Turned Support (Sep 18, 2017)

by Kate Curtis | September 18, 2017 4:56 am
EURGBP sold off sharply from its previous rally to the .9300 region, pulling back to an area of interest around the .8700 to .8800 levels. This lines up with the 50% to 61.8% Fibs, which could hold...

NZDJPY Breakout and Pullback (Sep 15, 2017)

by Kate Curtis | September 15, 2017 4:09 am
NZDJPY was previously consolidating inside a falling wedge formation before an upside breakout occurred. Price reached a high of 80.40 before pulling back, possibly making a retest of the broken wedge resistance. Stochastic is heading lower for...

EURJPY Countertrend Play (Sep 14, 2017)

by Kate Curtis | September 14, 2017 8:14 am
EURJPY is still moving in an uptrend but is currently bouncing off the top of its ascending channel resistance on the 4-hour time frame. Stochastic is also turning lower from the overbought zone to indicate a pickup...