GBPAUD has been on a strong uptrend on its longer-term time frames, but a pullback seems to be materializing on the 1-hour chart. The pair has recently found resistance at the 2.1400 major psychological mark and might...
USDCAD recently made a strong rally past a key resistance area around 1.3000 and is currently retreating to that level at the start of the week. Price surged to the 1.3100 mark after the breakout and could...
EURGBP has been trending lower on its 4-hour forex chart, with price moving below a descending trend line connecting the highs since May. Price looks ready to pull back to the trend line, which is in line...
AUDJPY has been moving sideways on the 1-hour time frame, finding support around the 91.00 major psychological level and resistance just above 92.00. The pair seems to be on its way to test the bottom of the...
After selling off in the past few days, EURUSD is making a correction to the 38.2% Fibonacci retracement level. This coincides with a broken support level around the 1.0950 minor psychological level and the 200 SMA resistance,...
NZDJPY has formed a double bottom pattern on its 1-hour chart, signaling that a short-term reversal could be possible. Price found support at the 81.00 major psychological mark and resistance at the 83.00 major psychological level, which...
NZDUSD could be in for a correction early this week, as the pair bounced off its recent lows around the .6500 major psychological level. Applying the Fibonacci retracement tool on the latest swing high and low shows...
EURAUD formed a head and shoulders pattern on its 1-hour time frame, indicating that a reversal from the previous uptrend might be seen. Price is already breaking below the neckline support at the 1.4700 major psychological level...
After surging past the key resistance around 1.2800 during the BOC rate statement, USDCAD is forming a bullish flag pattern that suggests potential continuation. After all, the BOC decided to cut interest rates from 0.75% to 0.50%...
AUDUSD could be in for a reversal from its recent selloff, as the pair is creating a double bottom pattern on its 1-hour chart. Price has been unable to break below the .7400 floor earlier this month...
