USDCAD Descending Channel (July 24, 2017)

by Kate Curtis | July 24, 2017 4:49 am
USDCAD keeps trending lower and is moving inside a descending channel pattern on its 1-hour time frame. Price is currently testing support near the 1.2550 minor psychological level and could be due for a bounce back to...

EURAUD Channel Retracement (July 21, 2017)

by Kate Curtis | July 21, 2017 4:59 am
EURAUD is trending lower and moving inside a descending channel connecting the highs and lows of price action since the latter part of May. Price is bouncing off the channel support and could be due for a...

GBPUSD Rising Wedge (July 20, 2017)

by Kate Curtis | July 20, 2017 4:14 am
GBPUSD has formed higher lows and slightly higher highs, creating a rising wedge pattern visible on its daily chart. Price is currently testing the resistance and might be due for a move back to support soon. Stochastic...

GBPJPY Short-Term Reversal (July 19, 2017)

by Kate Curtis | July 19, 2017 4:15 am
GBPJPY has failed in its last two attempts to break past the 147.50 minor psychological resistance, creating a double top reversal formation. Price is currently testing the neckline at 145.50 and could be due for at least...

AUDUSD Bullish Channel (July 18, 2017)

by Kate Curtis | July 18, 2017 4:18 am
AUDUSD has been trending higher and is moving inside a bullish channel formation on its 4-hour chart. Price is bouncing off the resistance and could be due for a pullback from here. Stochastic is turning lower from...

AUDUSD Long-Term Breakout (July 17, 2017)

by Kate Curtis | July 17, 2017 3:13 am
AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark. This signals that the pair is in for an uptrend, which...

EURUSD Breakout and Correction (July 14, 2017)

by Kate Curtis | July 14, 2017 4:56 am
EURUSD recently broke to the upside of a symmetrical triangle pattern then zoomed up close to the 1.1500 handle before pulling back. Price is retesting the broken triangle resistance which might now hold as support. Applying the...

EURGBP Channel Retracement (July 13, 2017)

by Kate Curtis | July 13, 2017 6:27 am
EURGBP is trending higher on its short-term time frames but it could have room for retracement to nearby support zones. Price is moving inside an ascending channel with support at the .8800 major psychological level. Applying the...

NZDUSD Short-Term Retracement (July 12, 2017)

by Kate Curtis | July 12, 2017 4:04 am
NZDUSD recently broke below support at the .7250 minor psychological level and dipped close to the .7200 handle before showing signs of a correction. Applying the Fib tool on the latest swing high and low on the...

EURAUD Area of Interest (July 11, 2017)

by Kate Curtis | July 11, 2017 4:53 am
EURAUD is trending higher recently and has been moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and could be due for a test of support at the 1.4900 major...