EURUSD has been trending higher on its short-term time frames but a look at the daily chart reveals that the pair is still consolidating inside an ascending triangle pattern. The resistance around the 1.1500 major psychological held...
EURJPY is still moving inside the symmetrical triangle pattern on its 4-hour chart, as price just bounced off the bottom once more. Another test of the triangle resistance near the 136.00 major psychological resistance might take place...
EURUSD is in a steady uptrend on its 1-hour time frame and is currently pulling back from the climb. Using the Fibonacci retracement tool on the latest swing high and low reveals that the pair is currently...
EURGBP has been moving steadily higher but is still inside a rising wedge consolidation pattern. Price just tested the resistance and made a bounce, indicating that a test of support near the .7400 major psychological level might...
EURJPY has formed higher lows and lower highs, creating a symmetrical triangle pattern on its 4-hour chart. Price is testing the top of the triangle, still unsure whether to make a bounce or a break. A bullish...
CHF has slowly been trending higher on its 1-hour chart, as the recent lows of price action can be connected by an ascending trend line. Price recently broke past the near-term resistance near the 124.00 major psychological...
USDCHF has been trending lower on its 1-hour chart, moving inside a descending channel and testing support. Price has formed a bearish flag right at the bottom of the channel around the .9600 major psychological support and...
GBPUSD is starting a downtrend on its short-term time frames, as a descending channel is forming on its 1-hour forex chart. The pair just bounced off the channel support at the 1.5100 major psychological level and might...
EURUSD is slowly grinding higher moving inside a rising wedge formation on its 1-hour time frame. A breakout in either direction could lead to a 200-pip move, which is the same size as the wedge pattern. ...
Even though GBPJPY suffered a sharp selloff in the past few weeks, the longer-term uptrend on its daily chart is still intact for now. Price is currently testing the bottom of the rising channel and might be...
