GBPJPY has been moving sideways recently, bouncing off support near the 182.00 major psychological level and heading towards resistance at the 184.00 major psychological mark. If the top of the range continues to hold as resistance, GBPJPY...
USDCAD recently bounced off the bottom of the descending triangle on its 1-hour forex chart and is making its way to the top. Price could test the resistance near the 1.2600 major psychological level and make its...
NZDUSD is moving inside a rising wedge pattern on its 1-hour forex chart and is currently testing the top of the range. A bearish divergence can be seen, as price made higher highs while stochastic had lower...
EURUSD has been forming lower highs and higher lows, creating a triangle pattern on its 1-hour forex time frame. At the moment, price is testing the top of the consolidation pattern and may be due for a...
EURGBP is moving inside a descending channel on its 1-hour time frame, indicating that the pair might be in for more losses. At the moment, price is testing support at the mid-channel area of interest and may...
USDCAD has formed lower highs and found support at the 1.2400 major psychological level, creating a descending triangle chart pattern on its 1-hour forex chart. For now, price is hovering around the formation’s bottom, while stochastic is...
AUDUSD could be in for a strong long-term reversal, as price appears to be forming a double bottom pattern on its 4-hour chart. As you can see, price bounced a couple of times off the .7700 major...
AUDJPY broke below its ascending triangle support on the 1-hour time frame, indicating that further losses are possible for the pair. Price could fall by as much as 200 pips, which is roughly the same height as...
GBPJPY looks ready to resume its longer-term selloff, as price is completing its retracement on its 4-hour forex chart. The pair has recently bounced off support around the 176.00 levels and pulled up to the 50% Fibonacci...
GBPAUD is testing a major resistance area on its daily chart, as price is hovering around the top of the ascending channel around the 1.9500 major psychological resistance. Stochastic is moving down from the overbought area, indicating...
