NZDUSD Channel Break Correction (Sep 27, 2016)

by Kate Curtis | September 27, 2016 4:47 am
NZDUSD was previously trading inside an ascending channel formation before making a downside break and hitting a low of .7220. From there, price showed signs of a pullback and looks ready to make a retest of the...

AUDUSD Descending Channel (Sep 26, 2016)

by Kate Curtis | September 26, 2016 5:29 am
AUDUSD is starting to trend lower, forming a descending channel pattern on its 4-hour time frame. Price is currently testing the resistance near the .7650 minor psychological level and could be due to resume its drop to...

EURJPY Area of Interest (Sep 23, 2016)

by Kate Curtis | September 23, 2016 6:06 am
EURJPY recently broke below support around the 114.00 major psychological level then dipped close to the 112.00 mark before pulling up. Applying the Fib tool on the latest swing high and low shows that this broken support...

USDJPY Triangle Support (Sep 22, 2016)

by Kate Curtis | September 22, 2016 6:25 am
USDJPY suffered a sharp selloff after the BOJ and FOMC policy decisions. Price is now moving close to the bottom of its descending triangle pattern visible on the 4-hour time frame. Another bounce off the 100.00 major...

EURGBP Uptrend Channel (Sep 21, 2016)

by Kate Curtis | September 21, 2016 5:57 am
EURGBP has been trending higher on its 4-hour chart, moving inside an ascending channel pattern and making its way towards the resistance around the .8800 major psychological level. For now, price seems to be pulling back to...

GBPUSD Range Setup (Sep 20, 2016)

by Kate Curtis | September 20, 2016 6:08 am
GBPUSD has been trading sideways on its 4-hour time frame, moving between support at the 1.2900 area and resistance at 1.3450. Price is nearing the bottom of the range at the moment and might be due for...

AUDUSD Reversal Confirmation (Sep 19, 2016)

by Kate Curtis | September 19, 2016 5:25 am
AUDUSD seems to be tired from its climb since it already formed a head and shoulders reversal pattern on its 4-hour time frame. Price also broke below the neckline at the .7500 major psychological level, confirming its...

EURAUD Uptrend Pullback (Sep 16, 2016)

by Kate Curtis | September 16, 2016 4:01 am
EURAUD recently broke above the neckline of an inverse head and shoulders pattern, signaling a reversal from its previous downtrend. Before price resumes its climb, it could still make a pullback to the broken resistance area.  ...

USDCAD Ascending Triangle (Sep 15, 2016)

by Kate Curtis | September 15, 2016 4:30 am
USDCAD has formed higher lows and found resistance at the 1.3200 major psychological level, creating an ascending triangle pattern on its 4-hour time frame. Price is currently testing the resistance, still deciding whether to go for a...

USDJPY Ready to Break Out? (Sep 14, 2016)

by Kate Curtis | September 14, 2016 3:11 am
USDJPY has been trending lower on the longer-term time frames but it looks like an upside breakout and reversal might be due. Price is making another test of the descending channel resistance on the daily time frame...