NZDUSD Retracement Setup (Nov 20, 2015)

by Kate Curtis | November 20, 2015 6:12 am
NZDUSD has been trending lower across most time frames but is showing signs of a large pullback from its latest drop. Price bounced off support at the .6425 area and is retreating to the Fib levels marked...

EURUSD Signs of Retracement (Nov 19, 2015)

by Kate Curtis | November 19, 2015 7:00 am
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 EURUSD has been on a steady downtrend, barely showing any signs of a pullback until recently. Price bounced off the lows at 1.0615 and may be ready for...

AUDUSD Descending Channel (Nov 18, 2015)

by Kate Curtis | November 18, 2015 6:38 am
AUDUSD has been trending lower on its 1-hour forex chart, moving inside a descending channel connecting the highs and lows of price action since last month. Price is currently testing the resistance at the .7100 major psychological...

GBPUSD Consolidation Ahead of CPI (Nov 17, 2015)

by Kate Curtis | November 17, 2015 3:36 am
GBPUSD is consolidating tightly in a symmetrical triangle pattern visible on a short-term time frame, just below an area of interest indicated on the 4-hour time frame. Price could go either way, depending on the outcome of...

USDJPY Trend Line Support (Nov 16, 2015)

by Kate Curtis | November 16, 2015 3:39 am
USDJPY sold off on Friday but is currently testing support at a rising trend line connecting the lows on the 1-hour time frame. Price could be due for a bounce from here, possibly taking it up to...

AUDCAD Long-Term Channel Bounce (Nov 13, 2015)

by Kate Curtis | November 13, 2015 3:42 am
AUDCAD is slowly trending higher on its 4-hour time frame, just having bounced off the bottom of the range at the .9300 major psychological level. A short-term double bottom pattern can be seen, indicating that further rallies...

EURGBP Long-Term Range (Nov 11, 2015)

by Kate Curtis | November 11, 2015 3:27 am
EURGBP is hovering at the bottom of its long-term range, ready to make a bounce off support or a breakdown depending on how data turns out. A bounce off the support at the .7050 area could lead...

GBPAUD Uptrend Channel (Nov 10, 2015)

by Kate Curtis | November 10, 2015 3:36 am
GBPAUD has been trending higher on its 4-hour chart, moving inside a rising channel visible on that time frame. Price just bounced off the channel support at 2.1150 and may be aiming for the top at 2.1800-2.1900....

AUDUSD Range Support (Nov 9, 2015)

by Kate Curtis | November 9, 2015 2:33 am
AUDUSD has broken below its mid-range area of interest and is now aiming for the bottom around the .6950 minor psychological level. A test of this support could yield either a bounce or a break, with technical...

USDJPY Ranging Ahead of NFP (Nov 5, 2015)

by Kate Curtis | November 5, 2015 4:56 am
USDJPY has been moving sideways on its 4-hour time frame, finding support at the 118.50 minor psychological level and testing resistance at the 121.50 mark. Stochastic is indicating overbought conditions, which suggests that the top of the...