EURJPY is moving inside an ascending channel on its 1-hour chart, indicating that a short-term uptrend is taking place. However, the pair has already reached the top of the channel and may fall from the resistance near...
AUDUSD recently broke past resistance at the .8000 major psychological level and surged up to a high of .8150. From there, the pair showed signs of retreating from the rally and may be due for a pullback...
NZDJPY popped up from its previous lows around the 88.00 major psychological level and is in the middle of a market correction. Applying the Fibonacci retracement tool on the swing high and low on the pair’s 4-hour...
EURUSD could be in for a potential reversal from its recent uptrend, as price is creating a head and shoulders pattern on its 1-hour time frame. The pair is still forming the right shoulder and is still...
GBPUSD may be done with its long-term selloff, as the pair formed a reversal pattern on its daily time frame. An inverse head and shoulders can be seen and price is already testing the neckline around the...
AUDUSD has been creating lower highs and making higher lows, forming a symmetrical triangle forex chart pattern on its 1-hour time frame. At the moment, the pair is testing the triangle support near the .7900 major psychological...
EURUSD could be ready to make another bounce, as the pair is creating an ascending trend line on its 1-hour forex chart. Price just jumped to the 1.1400 handle recently before retreating towards support around the 1.1250...
Resistance at the top of the USDJPY range on the 4-hour time frame kept gains in check, pushing the pair back to the middle of the range. Price could be headed back to the bottom of the...
USDJPY is testing the top of the range forming on its 4-hour time frame, indicating that a move lower is likely. Price is having difficulty breaking past the resistance around the 120.50 minor psychological level and may...
On its daily time frame, GBPJPY has formed lower highs and found support at the 176.00 major psychological level. A descending triangle chart pattern appears to be forming, as the pair is currently testing the top of...
