EURAUD has been forming higher lows on its 4-hour chart, creating a rising trend line and reflecting an ongoing uptrend. The pair seems to be making a correction from its latest rally and using the Fibonacci retracement...
USDCAD is showing signs of a pullback on its 1-hour time frame, as the pair bounced off the 1.2200 major psychological support area. Price is now testing resistance at the 38.2% Fibonacci retracement level, which lines up...
GBPUSD is currently stalling at the 1.5500 area of interest once more, which has held as resistance then support in the past. This lines up with the 50% Fibonacci retracement level on the latest swing high and...
EURJPY has been moving sideways since the start of the month, as price found support at the 139.00 major psychological level and resistance near 141.00. The pair is moving up to test the top of the range...
GBPUSD could be done with its short-term selloff since the pair is creating a double bottom reversal formation on its 1-hour time frame. At the same time, the short-term simple moving average is crossing above the long-term...
GBPUSD could turn from its recent uptrend, as the pair is forming a reversal pattern on its 4-hour chart. Price is in the middle of completing the right shoulder of the head and shoulders formation and might...
GBPUSD has been trading in a downtrend recently, creating a descending trend line on its 4-hour forex chart. The pair is testing the falling resistance area at the moment, as it lines up with the longer-term exponential...
EURCAD recently formed an inverse head and shoulders pattern on its daily time frame, indicating that the pair is already exhausted from its dive. Price just broke past the neckline resistance around the 1.3800 major psychological level...
EURUSD recently pulled up from its sharp dive below the 1.1150 minor psychological level onto the 1.0800 area, creating a corrective wave on its 4-hour forex chart. The Fibonacci retracement tool shows that the 50% level lines...
EURAUD seems to be completing a complex double bottom pattern on its daily chart, with price currently testing the neckline around the 1.4400 major psychological mark. An upside breakout past this resistance would mark the start of...
