GBPAUD Trend Line Correction (Dec 4, 2015)
GBPAUD has been on a steady downtrend but just enjoyed a nice pop higher after the release of today’s set of data from Australia and the UK. This opens the possibility of a correction to the trend...
Author: Kate Curtis
AUDUSD Ascending Trend Line (Dec 3, 2015)
AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of...
GBPJPY Double Bottom (Dec 2, 2015)
GBPJPY could be in for a strong rally, as a reversal pattern can be seen on its 1-hour time frame. Price failed in its last two attempts to break below the 184.00 major psychological support and is...
USDJPY Range Resistance (Dec 1, 2015)
USDJPY has been moving sideways on the short-term time frames, still waiting for more catalysts to spur a trend in either direction. At the moment, price is approaching the top of its range around the 123.75 level....
NZDUSD Reversal Signal (Nov 30, 2015)
NZDUSD has been on a selloff but it looks like a reversal may be in order. Price is forming an inverse head and shoulders pattern on its 4-hour time frame, with an upside break of the neckline...
USDJPY Reversal Pattern (Nov 27, 2015)
USDJPY has been climbing recently but a reversal pattern just formed, indicating that a downtrend might be next. Price made a double top pattern on the 4-hour time frame and is currently testing the neckline at the...
GBPAUD Potential Pullback (Nov 26, 2015)
GBPAUD has sold off sharply recently, breaking below a significant support level around 2.1200. From there, the pair dipped to a low of 2.0715 before showing signs of a retracement. Using the Fib tool on the latest...
EURGBP Long-Term Range (Nov 25, 2015)
EURGBP appears to have made yet another bounce off the bottom of its long-term range. Price tested the .7000 major psychological level recently and is staring to make its way higher. Stochastic is starting to head back...
AUDUSD Trend Line Pullback (Nov 24, 2015)
AUDUSD has recently broken above the falling trend line visible on its 1-hour chart, indicating that a reversal is underway. Price is showing signs of pulling back to the broken resistance area and the 61.8% Fib at...
GBPJPY Ascending Channel (Nov 23, 2015)
GBPJPY has been moving on an uptrend on its 4-hour time frame, with an ascending channel connecting the latest highs and lows of price action. Price is currently testing the channel support at the 186.50 minor psychological...