EURGBP made a break below its short-term consolidation, indicating a buildup in bearish pressure and a potential selloff to the bottom of the longer-term range visible on the 4-hour chart. Price seems to have broken below the...
GBPUSD seems to be starting a new trend on its 1-hour forex chart, as the recent highs and lows can be connected using an ascending channel. Price just bounced off the channel resistance and may make its...
USDJPY has been making higher lows and lower highs, creating a symmetrical triangle on its 1-hour time frame. Price just bounced off the triangle resistance and is currently testing support, still awaiting a bounce or a breakdown....
GBPAUD might be done with its long-term uptrend, as a reversal pattern can be seen on its 1-hour and 4-hour charts. A double top formation has materialized after price failed in its last two attempts to break...
NZDUSD’s recent downtrend might soon be over, as the pair is forming a double bottom reversal pattern on its 1-hour chart. Price is still on its way to test the neckline of the formation at the .6400...
AUDUSD has been moving higher in the past few days but it could be a large correction from the longer-term downtrend. Applying the Fibonacci retracement tool on the latest swing high and low shows that the 61.8%...
EURGBP is still moving sideways on its 1-hour forex chart, bouncing off support at the .7260 area and finding resistance at .7360. Price is on its way up to test the top of the range once more...
The recent downtrend on GBPJPY might soon turn, as the pair formed an inverse head and shoulders reversal pattern on its 1-hour chart. Price is currently testing the neckline around the 186.50 minor psychological level and a...
USDCAD has been moving sideways for quite some time, but the pair seems to have formed lower highs on the 1-hour time frame. Price is also finding support at the 1.3150 minor psychological level, creating a descending...
USDCAD has been moving sideways on its 1-hour forex chart, finding resistance at the 1.3310 level and support at 1.3160. The pair is on its way to test the range support and might be due for a...
