GBPAUD has been trending lower, moving below a descending trend line connecting the latest highs of price action. The pair seems to be in the middle of a pullback and using the Fibonacci retracement tool on the...
NZDUSD had previously been trading inside a symmetrical triangle formation but broke to the downside. Price then dipped to a low of .6550 before showing signs of a pullback. Using the Fib tool on the breakout move...
GBPUSD suffered a sharp selloff in recent trading and is currently consolidating. A bearish flag continuation pattern can be seen on the 1-hour time frame, signaling another round of potential losses for the pair. The mast of...
EURAUD has been trending higher these days and is moving inside a rising channel on its 4-hour time frame. Price is currently testing the bottom of the channel, which might hold as support and trigger a bounce...
USDJPY has been trending lower in the past few days, moving below a descending trend line on its 1-hour time frame. Price looks ready to test this falling resistance area once more, as this lines up with...
EURJPY has been trending lower on its longer-term time frames but the opportunity for a countertrend setup is emerging. Price is currently testing the bottom of its descending channel visible on the 4-hour and daily charts and...
EURGBP recently broke past a resistance area at the .7650 minor psychological level then climbed to the .7850 area before showing signs of a pullback. Price is drawing support at the 38.2% Fib based on the latest...
GBPUSD has sold off recently but is still gradually trading higher on the 1-hour time frame. A rising channel can be seen connecting the latest lows and highs of price action. Price is currently testing the...
USDJPY appears to have a made a convincing break below the head and shoulders neckline on its daily time frame. This suggests that the pair could be in for more longer-term losses, possibly amounting to around 900...
AUDUSD has been trending higher lately, moving inside an ascending channel on its 1-hour time frame. Price is currently testing support at the .7100 major psychological level and might be due for a bounce to the top....
