GBPUSD Descending Channel (Nov 4, 2015)

by Kate Curtis | November 4, 2015 6:23 am
GBPUSD has been trending lower on its 4-hour and 1-hour charts, moving inside a descending channel pattern. Price is currently testing the top of the range around the 1.5450 minor psychological level and might be due for...

USDJPY Descending Triangle (Nov 3, 2015)

by Kate Curtis | November 3, 2015 6:48 am
USDJPY has been forming lower highs and testing support at the 120.50 minor psychological level, creating a descending triangle pattern visible on the short-term time frames. Price is on its way up to test the resistance again...

NZDCAD Rising Channel (Nov 2, 2015)

by Kate Curtis | November 2, 2015 4:39 am
NZDCAD has recently broken above a long-term double bottom formation, indicating that an uptrend is underway. Price is currently moving inside a rising channel on its 1-hour chart and is testing the support near the .8900 major...

EURJPY Retracement Play (Oct 30, 2015)

by Kate Curtis | October 30, 2015 9:03 am
EURJPY recently broke below support at the 133.50 minor psychological mark then dipped to a low of 131.50 before pulling back up. Applying the Fibonacci retracement tool on the latest swing high and low reveals that the...

GBPJPY Trend Setup (Oct 29, 2015)

by Kate Curtis | October 29, 2015 8:19 am
GBPJPY has started to trend higher on the short-term time frames, with a rising channel just forming on the 4-hour and 1-hour charts. Price got rejected on its latest test of the resistance and may be ready...

EURAUD Trend Retracement (Oct 28, 2015)

by Kate Curtis | October 28, 2015 3:49 am
EURAUD has been trending lower on its 1-hour chart, moving below a falling trend line connecting the latest highs of price action. The pair just recently sold off upon hitting the trend line resistance then dipped to...

EURCHF Falling Trend Line (Oct 27, 2015)

by Kate Curtis | October 27, 2015 8:40 am
EURCHF has been trading steadily lower on its 1-hour chart, as the recent highs of price action can be connected by a falling trend line. Price is currently testing the trend line resistance, which might still keep...

EURJPY Long-Term Triangle (Oct 26, 2015)

by Kate Curtis | October 26, 2015 6:40 am
EURJPY made a break below its symmetrical triangle last week but is still stuck in consolidation. Price is now stalling around the bottom of the descending triangle on its daily time frame. Support is located at the...

EURUSD Long-Term Selloff (Oct 23, 2015)

by Kate Curtis | October 23, 2015 5:59 am
EURUSD had been trading inside an ascending triangle chart pattern since the start of the year, as price formed higher lows and found resistance near the 1.1500 major psychological level. However, the latest ECB statement triggered a...

EURGBP Range Resistance Ahead of ECB (Oct 22, 2015)

by Kate Curtis | October 22, 2015 6:07 am
EURGBP is still trading around the top of its range on the 4-hour time frame, as traders are waiting for the upcoming ECB statement. Price has been testing the resistance at the .7400 major psychological level for...