GBPAUD Channel Support (July 10, 2017)

by Kate Curtis | July 10, 2017 1:32 am
GBPAUD has been trading inside an ascending channel pattern visible on its 4-hour time frame and is currently testing support. A bounce could take it back up to the resistance at 1.7150 to 1.7200 while a breakdown...

GBPJPY Range Resistance (July 07, 2017)

by Kate Curtis | July 7, 2017 4:18 am
GBPJPY has been moving back and forth between support around the 138.50 and the range resistance at 147.50-148.00 visible on the daily time frame. Price is currently testing the resistance and could be due for a drop...

AUDUSD Channel Pullback (July 06, 2017)

by Kate Curtis | July 6, 2017 5:02 am
AUDUSD is trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. Price is currently testing support and might be due for a bounce back to resistance at the .7750 to...

USDJPY Short-Term Uptrend (July 05, 2017)

by Kate Curtis | July 5, 2017 3:03 am
USDJPY has been trending higher recently, 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 near the 112.50 minor psychological level...

EURUSD Retracement Setup (July 04, 2017)

by Kate Curtis | July 4, 2017 3:35 am
EURUSD recently surged past the resistance at the 1.1250-1.1300 psychological levels then climbed close to the 1.1450 minor psychological resistance. Price retreated from here, indicating that a correction from the rally is happening. Applying the Fib tool...

USDJPY Double Bottom (July 03, 2017)

by Kate Curtis | July 3, 2017 9:33 am
USDJPY looks ready for more gains as the pair has formed a double bottom on its daily time frame. Price failed in its last two attempts to break past the 108.00 support zone and is on its...

GBPUSD Countertrend Play (Jun 30, 2017)

by Kate Curtis | June 30, 2017 4:50 am
The ascending channel on Cable’s daily time frame is still intact and price is heading towards the resistance around 1.3400. A countertrend opportunity could arise if reversal candlesticks form around this area. In that case, a move...

EURGBP Short-Term Channel (Jun 29, 2017)

by Kate Curtis | June 29, 2017 4:59 am
EURGBP continues to trend higher after breaking past a major range resistance visible on its longer-term charts. On the 1-hour time frame, it can be seen that the pair is moving inside an ascending channel formation and...

EURNZD Area of Interest (Jun 28, 2017)

by Kate Curtis | June 28, 2017 6:08 am
EURNZD appears to be pulling up from its dive with the recent strong bounce, but this might represent a mere correction from the long-term slide. Applying the Fib tool on the latest swing high and low shows...

AUDJPY Double Bottom Breakout (Jun 27, 2017)

by Kate Curtis | June 27, 2017 4:19 am
AUDJPY recently formed a double bottom pattern on its daily time frame to signal that a reversal from the selloff is underway. Price just broke past the neckline around the 84.50 minor psychological level to confirm that...