GBPNZD Range Setup (Aug 22, 2017)
GBPNZD has recently bounced off the top of its range at the 1.7900 major psychological level and is making its way to the bottom at 1.7400. If this holds as support, another bounce back to the resistance...
Author: Kate Curtis
GBPJPY Triangle Breakdown (Aug 18, 2017)
GBPJPY was previously trading inside an ascending triangle visible on its daily time frame and has just broken below support to signal that bears have gotten the upper hand. The chart pattern is around 2300 pips tall...
NZDJPY Inverse Head and Shoulders (Aug 17, 2017)
NZDJPY appears to be done with its tumble as price is forming an inverse head and shoulders pattern on its 1-hour time frame. Price also seems to have broken past the neckline at 80.00 to confirm that...
EURUSD Short-Term Downtrend (Aug 16, 2017)
EURUSD is starting to trend lower and move inside a descending channel formation. Price is bouncing off support and might be due for a test of the resistance at the 1.1800 major psychological level. The 100 SMA...
GBPNZD Ascending Triangle (Aug 15, 2017)
GBPNZD has formed higher lows and found resistance around the 1.7900 major psychological level, creating an ascending triangle pattern on its 4-hour time frame. Price is still hovering around the triangle support near the 1.7750 mark, still...
Another NZDJPY Correction (Aug 14, 2017)
NZDJPY continues to trend lower as its moves below a descending trend line visible on the 1-hour and 4-hour time frame. Price could be due for another pullback to the trend line, which lines up with the...
EURGBP Countertrend Setup (Aug 11, 2017)
EURGBP is still trending higher as it tests the top of the ascending channel resistance visible on the 4-hour time frame. Stochastic is moving up to signal that there’s still some bullish pressure left but the oscillator...
NZDJPY Trend Pullback (Aug 10, 2017)
NZDJPY has been trending lower on its short-term time frames after recently bouncing off a long-term ceiling. Price is forming a descending trend line and a correction is underway. Applying the Fib retracement tool on the latest...
AUDNZD Ascending Channel (Aug 09, 2017)
AUDNZD made higher highs and higher lows, moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and looks ready for another test of support. Using the Fib tool on the...
USDCHF Descending Channel (Aug 08, 2017)
USDCHF has been trending lower on its short-term time frames, with price moving inside an ascending channel that’s been holding since November last year. Price has bounced off support and is on its way to test the...