GBPUSD Triangle Pattern (June 09, 2016)

by Kate Curtis | June 9, 2016 4:24 am
GBPUSD has formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame. Price has just bounced off the top of the triangle and might be ready for a test of support. ...

EURUSD Bullish Continuation Pattern (Jun 08, 2016)

by Kate Curtis | June 8, 2016 4:21 am
EURUSD had a strong rally recently but price is currently stuck in a tight consolidation pattern. This appears to be a bullish flag, which is considered a continuation signal. A break past the resistance at the 1.1385...

EURJPY Falling Wedge (June 07, 2016)

by Kate Curtis | June 7, 2016 5:01 am
EURJPY has formed lower highs and lower lows, creating a falling wedge pattern on its 4-hour time frame. Price just bounced off support and could be due for a test of resistance soon. This resistance area lines...

GBPJPY Triangle Breakdown (June 06, 2016)

by Kate Curtis | June 6, 2016 5:18 am
GBPJPY had been moving inside an ascending triangle pattern on its 4-hour time frame and has just broken below support. This signals that the pair could be in for longer-term losses, possibly by around a thousand pips...

GBPUSD Reversal Signal (June 03, 2016)

by Kate Curtis | June 3, 2016 2:49 am
Cable could be in for a selloff, as the pair formed a double top pattern on its 4-hour time frame. Price failed in its last two attempts to break past the 1.4700 major psychological level and is...

GBPJPY Ascending Triangle Support (June 02, 2016)

by Kate Curtis | June 2, 2016 4:42 am
GBPJPY sold off from its ascending triangle resistance once more, making its way down to the bottom of the formation at the 157.00 levels. Price could be due for a bounce or a break, with technical indicators...

EURGBP Descending Channel (June 01, 2016)

by Kate Curtis | June 1, 2016 2:31 am
EURGBP has been trending lower recently but has just bounced off a descending channel that’s forming on its 4-hour time frame. This could offer a pullback opportunity to the top of the channel near the dynamic resistance...

USDJPY Rising Channel (May 31, 2016)

by Kate Curtis | May 31, 2016 4:30 am
USDJPY has been trending higher recently, moving inside a rising channel pattern on the 1-hour time frame. Price just came off a test of resistance and might be ready for a pullback to the channel support, which...

EURGBP Long-Term Area of Interest (May 30, 2016)

by Kate Curtis | May 30, 2016 5:42 am
EURGBP has been selling off recently but it appears to be stalling at a longer-term correction level. Zooming out to the daily time frame reveals that price is stalling at the 50% Fibonacci retracement level and might...

NZDUSD Descending Channel (May 27, 2016)

by Kate Curtis | May 27, 2016 4:49 am
NZDUSD has been trending lower on the short-term charts, moving inside a descending channel on the 1-hour time frame. Price is currently testing the resistance and a drop towards support might be due. The top of the...