EURUSD has been trending lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows. Price appears to be on its way to test the resistance once more after the channel...
USDCAD has been trending higher on its short-term time frame, moving above a rising trend line connecting the latest lows of price action on the 1-hour chart. Price appears to be hitting a resistance at the 1.3150...
EURAUD has been climbing recently but these rallies could hit a barrier around the top of the descending triangle on its daily time frame. This is located around the 1.5800 major psychological level, with a turn lower...
EURGBP recently made a break below the head and shoulders neckline support then dipped to a low of .7650. Price is showing signs of a pullback from the breakout move, possibly retesting the broken neckline around .7750-.7800. ...
GBPAUD has been trending higher on the 1-hour time frame, moving above an ascending trend line connecting the latest lows of price action. Profit-taking seems to have taken place around the 2.0350 minor psychological resistance, opening the...
GBPJPY has formed higher lows and found resistance at the 162.00 major psychological level, creating an ascending triangle pattern on its 4-hour time frame. Price made a bounce off support around 155.50 earlier on and appears poised...
GBPJPY has formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour time frame. Price just bounced off the triangle support around the 155.50 minor psychological level and might be due for a...
EURGBP could be in for a longer-term selloff, as a head and shoulders pattern is being completed on the pair’s daily time frame. Price is on its way to test the neckline around the .7750 minor psychological...
USDJPY has been trending lower on its 4-hour chart, moving below a descending trend line connecting the latest highs of price action. The pair is currently stalling between the 50% and 61.8% Fibonacci retracement levels, which keep...
EURJPY has formed lower highs and found support at 122.25, creating a descending triangle pattern on its 4-hour time frame. Price is currently testing the triangle resistance, still deciding whether to make a bounce or a break. ...
