USDJPY has been consolidating tightly recently, as the pair even formed a long-term triangle formation on the daily chart. The pair has created higher lows and found resistance at the 121.00 handle, forming an ascending triangle chart...
AUDCAD seems to be done with its downtrend as a reversal pattern can be seen on its 4-hour forex chart. The pair failed in its recent attempts to break below the 0.9500 major psychological support and could...
EURUSD has been selling off since the start of the month but it seems to be making a correction for the past few days. Price has popped up from the 1.0500 area to the 1.0700 levels, which...
USDJPY has been slowly trending higher on its 1-hour time frame, as the pair is creating an ascending channel on the chart. Price is currently testing support at the bottom of the channel near the 119.50 minor...
GBPAUD has recently broken below support at the 1.9350 minor psychological level and is making a correction from the selloff. Price bounced off the 1.9000 major psychological support and is pulling up to the retracement levels on...
EURNZD recently broke below the 1.4300 major psychological support level and dipped to the 1.4100 area before pulling up. Price is now nearing the 38.2% Fibonacci retracement level on the latest swing high and low on the...
EURGBP has been trading in a short-term uptrend for most of the month, as an ascending trend line can be drawn to connect its recent lows. Price has formed a bullish divergence, with stochastic making lower lows...
EURNZD’s recent downtrend might soon be over, as the pair formed a reversal pattern on its 4-hour chart. The pair has yet to break above the resistance levels around the neckline of the double bottom and the...
AUDUSD has been in a steady downtrend since December last year and has been trading below a descending trend line connecting its recent highs on the 4-hour chart. Price seems to have broken above the trend line...
NZDUSD has recently formed a double bottom pattern on its 4-hour time frame and seems to be confirming the potential reversal, as price has already broken above the neckline of the chart pattern at the .7600 major...
