USDCAD Rising Wedge (Oct 11, 2016)

by Kate Curtis | October 11, 2016 2:50 am
USDCAD has formed higher lows and higher highs, creating a rising wedge formation visible on its 4-hour chart. Price is currently testing the wedge support at 1.3185 and could be due for a breakout soon. If support...

EURAUD Short-Term Reversal (Oct 10, 2016)

by Kate Curtis | October 10, 2016 5:42 am
EURAUD was recently in a downtrend before price formed an inverse head and shoulders pattern on its 1-hour time frame. Price has yet to break past the formation’s neckline around the 1.4775 level before confirming the potential...

USDJPY Triangle Pullback (Oct 07, 2016)

by Kate Curtis | October 7, 2016 4:40 am
USDJPY recently broke outside its descending triangle pattern visible on the 4-hour time frame. Price found resistance around the 104.00 handle and might be ready for a pullback to the broken triangle resistance at the 101.50 minor...

GBPAUD Countertrend Setup (Oct 06, 2016)

by Kate Curtis | October 6, 2016 6:49 am
GBPAUD has been selling off but is currently finding support at the bottom of its descending channel on the 4-hour time frame. The 1.6700 handle seems to be keeping losses in check and if it continues to...

USDJPY Triangle Breakout (Oct 05, 2016)

by Kate Curtis | October 5, 2016 6:06 am
USDJPY seems to be establishing bullish momentum as price started to break above the descending triangle resistance visible on its 4-hour chart. The chart pattern is approximately 700 pips tall so the resulting breakout could be of...

GBPJPY Triangle Support (Oct 04, 2016)

by Kate Curtis | October 4, 2016 6:02 am
GBPJPY has been selling off recently but is currently testing support at the descending triangle pattern visible on its 4-hour chart. Price seems to have found a floor at the 130.00 major psychological level and could be...

NZDUSD Descending Triangle (Oct 03, 2016)

by Kate Curtis | October 3, 2016 5:21 am
NZDUSD has formed lower highs and found support at the .7240 area, creating a descending triangle on its 4-hour time frame. Price seems to have bounced off the triangle resistance and is making a move towards support....

EURAUD Channel Break Correction (Sep 30, 2016)

by Kate Curtis | September 30, 2016 5:04 am
EURAUD was previously trading inside an ascending channel on its 4-hour time frame before breaking lower and showing that a reversal is due. Price has found support near the 1.4600 mark and has pulled up from its...

USDCAD Reversal Pattern (Sep 29, 2016)

by Kate Curtis | September 29, 2016 4:44 am
USDCAD failed in its recent attempts to break past the 1.3250 minor psychological resistance and is moving closer to testing support at the 1.3000 mark. This could complete the formation of a double top pattern, with a...

EURUSD Descending Triangle (Sep 28, 2016)

by Kate Curtis | September 28, 2016 4:50 am
EURUSD has formed lower highs and found support at the 1.1130 area, creating a descending triangle formation on its 4-hour chart. Price is currently testing the triangle resistance and might be due for a drop back towards...