GBPJPY has been trending lower on the longer-term time frames but it looks like a retracement is in order. Price bounced off the 151.50 minor psychological support and might be due for a pullback to the descending...
GBPUSD has formed a head and shoulders pattern on its 4-hour time frame, suggesting a potential reversal from the previous uptrend. Price is testing the neckline around the 1.4050-1.4100 levels and a break could be enough to...
EURJPY previously broke below a rising trend line support on the 4-hour time frame and might be due for a correction soon. Price is already nearing the previous lows at 122.00 and sellers might be waiting for...
USDCAD has been trending lower, thanks to the recent rallies in oil prices. Price has formed lower highs and lower lows, creating a descending channel pattern on its 4-hour chart. The pair just recently tested the resistance...
AUDNZD broke past the resistance around the 1.1000 major psychological level last month then zoomed up to the 1.1300 levels before showing signs of a pullback. Applying the Fib tool on the latest swing high and low...
NZDUSD has slowly been trending higher, moving inside an ascending channel formation on its 4-hour chart. Price just bounced off the channel resistance at the .6950 minor psychological level and is due to test support at .6700-.6750...
AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel visible on the 1-hour and 4-hour charts. Price is currently testing the top of the channel around the .7700 major psychological level...
EURGBP has formed higher lows and found resistance at the .7900 area, creating an ascending triangle pattern on its 4-hour time frame. Price is currently testing the triangle resistance at the moment and an upside breakout seems...
EURJPY has been on a long-term downtrend, moving below a descending trend line on its daily time frame. Price looks ready for another test of the resistance area, which is around the Fib levels based on the...
USDJPY has formed lower highs and found support at 111.25, creating a descending triangle pattern on its 4-hour time frame. Price is currently testing the resistance at 113.50 and if this keeps gains in check, the pair...
