EURJPY Long-Term Downtrend? (Apr 03, 2017)

by Kate Curtis | April 3, 2017 5:47 am
EURJPY failed in its last few attempts to break past the 123.00 area, creating a double top formation on its 4-hour chart. Price has yet to break below the neckline at the 118.00 major psychological mark before...

EURUSD Long-Term Channel (Mar 31, 2017)

by Kate Curtis | March 31, 2017 5:12 am
EURUSD has been selling off recently but it could be approaching a turning point as it nears the bottom of the longer-term ascending channel visible on the 4-hour time frame. Price could test support at the 1.0650...

GBPJPY Descending Channel (Mar 30, 2017)

by Kate Curtis | March 30, 2017 6:49 am
GBPJPY continues to trend lower and is moving inside a descending channel on its 4-hour chart. Price just bounced off support at the 137.50 minor psychological level and could be on its way for a test of...

NZDUSD Double Top (Mar 29, 2017)

by Kate Curtis | March 29, 2017 4:24 am
NZDUSD seems to be tired from its climb as a short-term reversal pattern formed on its 1-hour chart. Price failed in its last two attempts to break past the .7050 minor psychological resistance and is testing the...

EURAUD Channel Retracement (Mar 28, 2017)

by Kate Curtis | March 28, 2017 4:05 am
EURAUD has formed higher lows and higher highs, moving inside an ascending channel pattern visible on its 4-hour chart. Applying the Fib tool on the latest swing high and low shows that the 61.8% retracement level lines...

EURGBP Short-Term Channel (Mar 27, 2017)

by Kate Curtis | March 27, 2017 5:32 am
EURGBP has been trending lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows of price action. Price gapped higher over the weekend and is about to test the channel...

EURUSD Ascending Channel (Mar 24, 2017)

by Kate Curtis | March 24, 2017 5:55 am
EURUSD is starting to trend higher on its 1-hour time frame, moving inside an ascending channel and just coming off a bounce from resistance. A pullback to the channel support at the 1.0750 minor psychological level could...

USDJPY Range Break and Retest (Mar 23, 2017)

by Kate Curtis | March 23, 2017 10:52 am
USDJPY recently broke down from its range visible on the 4-hour time frame, signaling that a selloff is in order. Price seems to be in the middle of a correction to this area of interest, though, and...

GBPUSD Long-Term Ceiling (Mar 22, 2017)

by Kate Curtis | March 22, 2017 7:26 am
GBPUSD has been moving back and forth between support at the 1.2100 major psychological level and resistance at 1.2700. Price just bounced off the floor recently and seems to be setting its sights on the top of...

EURAUD Reversal Formation (Mar 21, 2017)

by Kate Curtis | March 21, 2017 9:29 am
EURAUD looks ready for a downtrend as the pair formed a head and shoulders pattern on its 1-hour time frame. Price has yet to break below the neckline at the 1.3900 area to confirm the potential selloff....