USDCAD Retracement Setup (Jan 8, 2016)
USDCAD has been breaking past one high after another in the past few days, as risk aversion and falling oil prices have weighed on the Canadian dollar. It seems that the pair has topped at around 1.4170...
Author: Kate Curtis
EURUSD Retracement Setup (Jan 7, 2016)
EURUSD has been trending lower on the short-term time frames, with a potential retracement opportunity presenting itself on the 4-hour chart. Price previously broke below support around 1.0850-1.0900 before dipping close to the 1.0700 handle then pulling...
GBPAUD Descending Channel (Jan 6, 2016)
GBPAUD has been trending lower on its 4-hour time frame, moving inside a descending channel connecting the latest highs and lows of price action. Price just bounced off the bottom of the range and is now making...
NZDUSD Long-Term Downtrend (Jan 5, 2016)
NZDUSD has been trending lower on its weekly time frame, moving below a descending trend line connecting the latest highs of price action. Price is currently testing the downtrend line around the .6800 major psychological level and...
EURGBP Long-Term Range (Jan 4, 2016)
EURGBP is still inside its long-term range visible on the daily time frame and currently testing the resistance around the .7400-.7450 levels. If this area keeps gains in check once more, a move back towards the range...
AUDUSD Broken Trend Line Retest (Dec 11. 2015)
AUDUSD recently made a strong downside break from its ascending trend line connecting the recent lows on the 4-hour time frame. This suggests that a reversal is in order, after price completes its pullback to the broken...
USDJPY Range Breakdown (Dec 10, 2015)
After being stuck inside a range for quite some time, USDJPY finally picked a direction and broke to the downside. This suggests that further losses might be in the cards for this pair. The range is approximately...
EURGBP Long-Term Range (Dec 9, 2015)
EURGBP recently made a strong bounce off the bottom of its long-term range at the .7000 major psychological level and appears to have enough momentum to make it back to the top. If resistance at the .7400...
NZDUSD Resistance Turned Support (Dec 8, 2015)
NZDUSD has recently broken past a key resistance level at the .6600 major psychological mark then zoomed up close to the .6800 handle before showing signs of a pullback. Using the Fib tool on the latest swing...
EURAUD Downtrend Setup (Dec 7, 2015)
EURAUD has been in a steady downtrend on its longer-term time frames, with a descending trend line connecting the latest highs of price action. Price made a sharp pop higher after last week’s ECB rate statement but...