USDJPY SMA Crossover (Dec 12, 2014)
USDJPY may be due for a downtrend as the pair recently broke below the rising trend line on the 1-hour time frame and SMAs are crossing down. Price pulled up from the 118.00 support zone to the...
Author: Kate Curtis
AUDUSD Channel Resistance (Dec 11, 2014)
AUDUSD is moving up to test the channel resistance on its 4-hour time frame, as the top of the falling range lines up with the 200 simple moving average. This has acted as a dynamic inflection point...
USDCHF Rising Trend Channel (Dec 10, 2014)
USDCHF is in a steady climb, as the pair has been moving inside a rising trend channel on its 1-hour time frame. Price just came off a test of the channel bottom around the .9700 major psychological...
USDJPY 100 SMA Support (Dec 9, 2014)
USDJPY is making another test of the rising trend line support visible on its 1-hour forex time frame. The pair has just traded around the 122.00 levels and pulled back to the 120.50 area, which is around...
GBPUSD Triangle Breakout (Dec 8, 2014)
GBPUSD made a downside break from the symmetrical triangle chart pattern on its 1-hour time frame, indicating that further losses are in the cards for the pair. The chart formation is roughly 250 pips in height so...
USDJPY Rising Trend Line (Dec 5, 2014)
USDJPY is encountering strong resistance at the 120.00 major psychological mark and may be due for a pullback soon. Price could test the rising trend line on its 1-hour chart, as this has been holding as support...
AUDJPY Range Setup (Dec 4, 2014)
AUDJPY has been moving sideways as seen on the range on its 1-hour time frame. Price found support at the 100.00 major psychological mark and resistance at the 101.00 major psychological level. The pair is on its...
NZDUSD Range Setup (Dec 3, 2014)
NZDUSD is testing the bottom of the range forming on its 1-hour time frame, as price is finding a floor at the. 7780 area once more. A bounce off this support zone could lead to a test...
USDJPY Uptrend to Resume? (Dec 2, 2014)
USDJPY has been on a strong climb in the past month, with the pair currently testing the rising trend line on the 1-hour forex time frame. A bounce off this support zone could lead to a rally...
USDCHF Ascending Triangle Pattern (Dec 1, 2014)
The rejection of the Swiss gold initiative led to a bounce off the bottom of the ascending triangle on USD/CHF’s 4-hour forex chart. Price is now on its way to test the resistance of the chart pattern...