EURGBP Ascending Triangle (Jan 06, 2017)

by Kate Curtis | January 6, 2017 6:33 am
EURGBP has formed higher lows on its 1-hour chart and is testing resistance at the .8575, creating an ascending triangle formation. Price is approaching the peak of the triangle so a breakout in either direction might be...

GBPUSD Short-Term Reversal (Jan 05, 2017)

by Kate Curtis | January 5, 2017 5:15 am
GBPUSD has been selling off recently but a reversal pattern has formed on its 1-hour time frame. Price failed in its last two attempts to break below the 1.2200 major psychological level, creating a double bottom with...

GBPJPY Reversal Pattern (Jan 04, 2017)

by Kate Curtis | January 4, 2017 3:35 am
GBPJPY has previously been on an uptrend but it looks like bulls are tired from the climb. A head and shoulders pattern can be seen forming on its 4-hour time frame, although the right shoulder is still...

NZDUSD Channel Retracement (Jan 03, 2017)

by Kate Curtis | January 3, 2017 3:51 am
NZDUSD has been trending lower on its 4-hour time frame, moving inside a descending channel connecting its latest highs and lows. Price is currently testing the channel support and could be due for a pullback to the...

EURJPY Range Setup (Jan 02, 2017)

by Kate Curtis | January 2, 2017 7:46 am
EURJPY has been trading sideways recently, finding support at the 121.70 area and resistance at 123.75. Price just bounced off the resistance and is on its way towards support or at least until the middle of the...

EURCAD Retracement Setup (Dec 29, 2016)

by Kate Curtis | December 29, 2016 6:17 am
EURCAD recently broke below the support around the 1.4350 minor psychological level and reached a low of 1.3800 before pulling back up. Applying the Fib tool on the latest swing high and low shows that the 38.2%...

USDCAD Countertrend Setup (Dec 28,2016)

by Kate Curtis | December 28, 2016 6:38 am
USDCAD is still moving inside an ascending channel on its daily time frame but is closing in on the resistance around the 1.3600 major psychological mark. If this area keeps gains in check, price could head back...

NZDJPY Major Correction (Dec 27, 2016)

by Kate Curtis | December 27, 2016 6:13 am
NZDJPY broke past the long-term resistance at the 78.00 handle a couple of months back before staging a steady ascent to 83.50. Price seems to be struggling to keep up its climb from here so a pullback...

AUDNZD Descending Triangle (Dec 26, 2016)

by Kate Curtis | December 26, 2016 6:42 am
AUDNZD formed lower highs and found support at the 1.0400 major psychological level, creating a descending triangle visible on its 1-hour chart. Price is on its way to test the bottom of the triangle and might be...

EURAUD Descending Channel (Dec 21, 2016)

by Kate Curtis | December 21, 2016 4:52 am
EURAUD has been trending lower on its 1-hour chart, moving inside a descending channel connecting the latest highs and lows. Price just bounced off the channel resistance at the 1.440 major psychological level and could head back...