EURAUD Downtrend Pullback (Feb 17, 2017)

by Kate Curtis | February 17, 2017 3:49 am
EURAUD has been trending lower and has recently broken below support around the 1.3800-1.3850 area. Price has dipped to 1.3725 before showing signs of a correction, and applying the Fib tool on the swing high and low...

AUDUSD Countertrend Play (Feb 16, 2017)

by Kate Curtis | February 16, 2017 5:52 am
AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. Price is currently testing the resistance at the .7700 major psychological level and might be due for a...

AUDUSD Short-Term Range (Feb 15, 2017)

by Kate Curtis | February 15, 2017 4:17 am
AUDUSD bounced off support around the .7615 area once more and is now making its way back to the top of its short-term range visible on the 1-hour time frame. Price could find resistance near .7700 and...

GBPJPY Symmetrical Triangle (Feb 14, 2017)

by Kate Curtis | February 14, 2017 3:18 am
GBPJPY has formed lower highs and higher lows, creating a symmetrical triangle pattern visible on its 4-hour time frame. Price is getting ready to test the resistance around the 142.50 minor psychological level and could be due...

NZDUSD Broken Trend Line (Feb 13, 2017)

by Kate Curtis | February 13, 2017 6:57 am
NZDUSD recently broke past a descending trend line visible on its 4-hour and daily time frames, signaling that an uptrend is due. Price zoomed past the .7300 mark before showing signs of a correction, and applying the...

USDJPY Channel Breakout? (Feb 10, 2017)

by Kate Curtis | February 10, 2017 5:54 am
USDJPY has been trending lower on its 1-hour time frame, moving inside a descending channel since the start of the year. Price is now testing the channel resistance and might be due for a drop back to...

EURJPY Channel Pullback (Feb 09, 2017)

by Kate Curtis | February 9, 2017 5:07 am
EURJPY is trending lower after recently breaking below its consolidation pattern with support at 121.00-121.50. Price is now moving inside a descending channel and testing support, possibly setting the stage for a pullback to the resistance.  Applying...

USDCAD Falling Wedge (Feb 08, 2017)

by Kate Curtis | February 8, 2017 6:34 am
USDCAD has formed lower highs and lower lows recently, creating a falling wedge chart pattern visible on the 4-hour chart. Price is currently testing the wedge resistance and may be due for a move back to support....

GBPJPY Head and Shoulders Breakdown (Feb 07, 2017)

by Kate Curtis | February 7, 2017 6:27 am
GBPJPY indicated its intention to head further south by breaking below the head and shoulders neckline at 141.00. The chart pattern is approximately 300 pips tall so the resulting selloff could be of the same size.  The...

EURGBP Double Bottom (Feb 06, 2017)

by Kate Curtis | February 6, 2017 6:15 am
EURGBP seems to be tired from its dive as the pair failed in its last two attempts to break below the .8500 level. Price has now completed a double bottom formation and is testing the neckline at...