EURUSD Potential Breakout (Nov 14, 2014)

by Kate Curtis | November 14, 2014 4:03 am
EURUSD has been moving inside a symmetrical triangle pattern since the start of the month, creating higher lows and lower highs. The pair just came off a test of triangle resistance and may be due south, possibly...

USDJPY Ascending Trend Channel (Nov 13, 2014)

by Kate Curtis | November 13, 2014 4:27 am
USDJPY has been moving in a strong uptrend, with a short-term rising channel forming on its 1-hour time frame. Price just came off a test of resistance and may be due to head lower in a bit,...

AUDUSD Retracement Setup (Nov 12, 2014)

by Kate Curtis | November 12, 2014 3:57 am
After breaking below support at the .8700 major psychological level and dipping to the .8550 mark, AUDUSD has pulled up to the area of interest and may be due to resume its drop soon.  The 38.2% Fibonacci...

AUDUSD Retracement Setup (Nov 11, 2014)

by Kate Curtis | November 11, 2014 3:33 am
AUDUSD has recently broken below the .8700 major psychological support zone and dipped to the .8550 area before making a pullback. This correction might last until the broken support area and the Fibonacci retracement levels on the...

GBPUSD Downtrend Resistance (Nov 10, 2014)

by Kate Curtis | November 10, 2014 3:06 am
GBPUSD has been steadily moving lower, as a descending trend line can be drawn to connect the recent highs of price action. At the same time, stochastic is indicating overbought conditions, suggesting that sellers could take control...

GBPAUD Potential Pullback (Nov 7, 2014)

by Kate Curtis | November 7, 2014 5:12 am
GBPAUD recently made a strong upside break past resistance at the 1.8400 major psychological level and may be due for a retracement. The Fib levels based on the latest swing low and high on the 1-hour chart...

GBPUSD Support Turned Resistance (Nov 6, 2014

by Kate Curtis | November 6, 2014 4:45 am
GBPUSD has recently broken below a significant support level, a sign that further losses could be in the cards. After dipping close to the 1.5850 minor psychological support, price has pulled up for a retest of the...

USDCHF Short-Term Retracement (Nov 5, 2014)

by Kate Curtis | November 5, 2014 6:38 am
USDCHF has broken above the resistance at the .9550 minor psychological level and looks prime for a pullback to the Fibonacci levels marked on the 1-hour time frame. The pair appears to be finding support at the...

NZDUSD Area of Interest at .7800 (Nov 4, 2014)

by Kate Curtis | November 4, 2014 5:31 am
NZDUSD Area of Interest at .7800 (Nov 4, 2014) NZDUSD could be in for a correction after breaking below the support zone at the .7800 major psychological level. The pair has dipped to the .7700 area and...

EURUSD Testing Record Lows (Nov 3, 2014)

by Kate Curtis | November 3, 2014 6:13 am
EURUSD seems to be gearing up to make new lows, as price is testing the previous ones near the 1.2500 major psychological level. A break below this area could signify that further losses are in the cards...