AUDUSD recently broke above a double bottom neckline, signaling that a long-term uptrend might take place. Price reached a high of .7830 before showing signs of a correction. Applying the Fibonacci retracement tool on the latest swing...
NZDUSD recently broke below a long-term rising trend line, indicating that the previous uptrend might already be over. Price also formed a double top reversal pattern and broke below the neckline, adding confirmation that a downtrend could...
NZDUSD has formed a double top pattern on its 4-hour chart, signaling that a reversal from the previous uptrend might take place. Price just broke below the neckline around the .6800 major psychological level, which confirms that...
AUDUSD has been selling off in the past weeks but is currently finding support at the 50% Fibonacci retracement level on the 4-hour time frame. This lines up with an area of interest or former resistance around...
GBPAUD has been trending lower on the 4-hour time frame, moving below a descending trend line connecting the latest highs of price action. Price looks ready for another test of this trend line soon and technical indicators...
GBPUSD has been trending higher recently, moving above a rising trend line on its 4-hour time frame. Price found resistance near the 1.4750 minor psychological level and seems to be in the middle of a correction. Applying...
EURAUD could be in for a reversal from its selloff, as price formed a double bottom pattern on the 4-hour time frame and broke above the neckline. Price is trading past the resistance at 1.5100 and could...
NZDUSD has been trending higher on its 4-hour time frame, moving inside an ascending channel patter. Price already bounced off support and is nearing the channel resistance at the .7100 major psychological mark. If this resistance...
EURGBP recently made a break below a rising trend line, indicating that price was in for a reversal. The pair bounced off support around .7735 and seems to be making a correction from its drop. Applying the...
EURJPY has been moving sideways on its 4-hour time frame, finding resistance around 127.50 and support at the 122.00 major psychological level. Price is currently testing the bottom of the range, still deciding whether to make a...