EURCAD Support Turned Resistance (Sept 3, 2014)

by Kate Curtis | September 3, 2014 7:18 am
 EURCAD has sold off sharply in August, but it looks like the pair is prime for retracement back to an area of interest. Price could pull up to the broken support area at the 1.4400-1.4450 psychological levels,...

NZDJPY Channel Resistance Play (Sept 2, 2014)

by Kate Curtis | September 2, 2014 9:23 am
NZDJPY has been trading in an uptrend, as a rising channel can be drawn on its recent price action. The pair is still making its way to the top of the channel, which might hold as near-term...

GBPCAD Countertrend Setup (Sept 1, 2014)

by Kate Curtis | September 1, 2014 8:58 am
GBPCAD has been moving in a downtrend on its 4-hour time frame but appears to be finding support at the bottom of the rising channel. Price has bounced off the 1.8000 major psychological level and might rally...

GBPJPY Trend Setup (August 29, 2014)

by Kate Curtis | August 29, 2014 8:41 am
GBPJPY has been on a downtrend, as a falling trend line can be drawn to connect the recent highs of price. The pair is finding resistance at the 172.00 major psychological level, which could continue to keep...

USDJPY Uptrend Reversal (August 28, 2014)

by Kate Curtis | August 28, 2014 8:46 am
After rallying strongly last week, it appears that USDJPY could be in for a reversal as a head and shoulders pattern can be seen on its 1-hour forex chart. Price is currently testing the neckline of the...

USDCAD Reversal Formation (August 27, 2014)

by Kate Curtis | August 27, 2014 8:31 am
USDCAD seems to be exhausted from ts recent climb, as a reversal chart pattern can be seen on its 4-hour time frame. The pair is forming a double top after failing to break past the 1.1000 major...

AUDJPY Pullback Trade (August 26, 2014)

by Kate Curtis | August 26, 2014 7:29 am
AUDJPY recently made a strong break past the 96.00 major psychological resistance level, which has acted as a long-term ceiling for price rallies. This could be a sign that more gains are in the cards for the...

GBPJPY Rising Trend Channel (August 25, 2014)

by Kate Curtis | August 25, 2014 6:18 am
GBPJPY has been moving in an uptrend since mid-March, as price has been trading inside a rising trend channel visible on its 4-hour forex chart. Price has recently tested the channel support and bounced off the 171.00...

USDCHF Retracement Setup (August 22, 2014)

by Kate Curtis | August 22, 2014 9:15 am
USDCHF has recently broken above strong resistance level at the .9100 major psychological mark. Price has rallied close to the .9150 area before retreating, possibly to make a retest of the broken resistance before heading higher. Stochastic...

USDCHF Long-Term Reversal (Aug 21, 2014)

by Kate Curtis | August 21, 2014 9:33 am
USDCHF looks poised for more upside, as the pair is breaking above an area of interest and neckline of a reversal pattern on its daily time frame. Stochastic is still moving up, indicating buying momentum. As you...