EURGBP Rising Trend Line (July 07, 2016)

by Kate Curtis | July 7, 2016 3:55 am
EURGBP has gradually been trending higher, moving above a rising trend line visible on its 1-hour time frame. Price might be ready for a pullback towards the support around the .8500 major psychological mark as stochastic is...

EURGBP Rising Wedge Breakout (July 06, 2016)

by Kate Curtis | July 6, 2016 2:05 am
EURGBP was recently consolidating inside a rising wedge formation then recently broke to the upside, indicating that buyers are gaining strength. The chart pattern is approximately 400 pips tall so the resulting rally could last by the...

EURUSD Broken Trend Line Pullback (July 05, 2016)

by Kate Curtis | July 5, 2016 3:53 am
EURUSD recently broke below a rising trend line on its daily time frame, signaling that the uptrend is over. Price dipped to a low of 1.0925 then showed signs of a pullback. Applying the Fib tool on...

AUDJPY Pullback Setup (July 04, 2016)

by Kate Curtis | July 4, 2016 5:12 am
AUDJPY recently broke below a long-term support area in its sharp dive to a low of 72.40 before pulling back up. Applying the Fib tool on the latest swing high and low shows that this former support...

NZDJPY Pullback to Broken Support (July 01, 2016)

by Kate Curtis | July 1, 2016 3:20 am
NZDJPY has been edging higher recently, pulling up from its sharp dive. Using the Fib tool on the latest swing high and low on the daily time frame shows that price is currently testing the 50% retracement...

USDCAD Symmetrical Triangle (June 30, 2016)

by Kate Curtis | June 30, 2016 2:41 am
USDCAD has formed lower highs and higher lows, creating a symmetrical triangle pattern on its daily time frame. Price is just coming off a test of the triangle resistance and looks ready to make a test of...

AUDNZD Double Top (June 29, 2016)

by Kate Curtis | June 29, 2016 2:40 am
AUDNZD confirmed a long-term reversal pattern, breaking below the neckline of its double top formation on the daily time frame. This signals that price could fall by around 800 pips, which is the same height as the...

EURCAD Descending Channel (June 28, 2016)

by Kate Curtis | June 28, 2016 2:56 am
EURCAD has been trending lower on its 4-hour time frame, moving inside a descending channel. Price just bounced off support and might be due for a test of resistance at the 1.4500 major psychological level. The 100...

AUDUSD Support Turned Resistance (June 27, 2016)

by Kate Curtis | June 27, 2016 5:16 am
AUDUSD tested the .7650 minor psychological resistance before selling off sharply last week and a look at the daily time frame shows that this resistance is a long-term area of interest. It held as support in the...

NZDUSD Channel Resistance Holding (June 24, 2016)

by Kate Curtis | June 24, 2016 4:00 am
NZDUSD has been trending higher on its longer-term time frames but it appears to have hit a major road bump at the top of its ascending channel. The resistance around .7300 appears to have held and price...