AUDJPY Uptrend Setup (Sep 22, 2017)

by Kate Curtis | September 22, 2017 3:21 am
AUDJPY continues to trend higher and is moving inside an ascending channel pattern on its 4-hour chart. Price just bounced off the resistance at 90.30 and is making a pullback to support at the 89.00 area. Applying...

GBPNZD Ascending Trend Line (Sep 21, 2017)

by Kate Curtis | September 21, 2017 4:08 am
GBPNZD has been trending higher and is moving above an ascending trend line connecting the latest lows of price action since August 22. Price has surged past the area of interest around 1.8200 and has found resistance...

EURCAD Triangle Resistance (Sep 20, 2017)

by Kate Curtis | September 20, 2017 3:45 am
EURCAD is forming a descending triangle on its 4-hour chart and could be due for a test of the top. This lines up with the 61.8% Fibonacci retracement level near the 1.4850 minor psychological mark and a...

USDCAD Downtrend Pullback (Sep 19, 2017)

by Kate Curtis | September 19, 2017 4:49 am
USDCAD continues to trend lower but seems to be in a correction from its current selloff. Applying the Fibonacci retracement tool shows that the the 50% level lines up with the trend line resistance and the 1.2400...

EURGBP Resistance Turned Support (Sep 18, 2017)

by Kate Curtis | September 18, 2017 4:56 am
EURGBP sold off sharply from its previous rally to the .9300 region, pulling back to an area of interest around the .8700 to .8800 levels. This lines up with the 50% to 61.8% Fibs, which could hold...

NZDJPY Breakout and Pullback (Sep 15, 2017)

by Kate Curtis | September 15, 2017 4:09 am
NZDJPY was previously consolidating inside a falling wedge formation before an upside breakout occurred. Price reached a high of 80.40 before pulling back, possibly making a retest of the broken wedge resistance. Stochastic is heading lower for...

EURJPY Countertrend Play (Sep 14, 2017)

by Kate Curtis | September 14, 2017 8:14 am
EURJPY is still moving in an uptrend but is currently bouncing off the top of its ascending channel resistance on the 4-hour time frame. Stochastic is also turning lower from the overbought zone to indicate a pickup...

AUDNZD Resistance Turned Support (Sep 13, 2017)

by Kate Curtis | September 13, 2017 6:12 am
AUDNZD has sold off in the past couple of days but the uptrend remains intact. Price is moving inside an ascending channel formation on its 4-hour time frame and is currently testing support at the 1.1000 major...

EURUSD Double Top (Sep 12, 2017)

by Kate Curtis | September 12, 2017 8:56 am
EURUSD appears to be tired from its climb as the pair is forming a double top reversal pattern on its 4-hour time frame. Price failed in its last two attempts to break past the 1.2070 area and...

AUDNZD Short-Term Triangle (Sep 11, 2017)

by Kate Curtis | September 11, 2017 2:15 am
AUDNZD has been moving sideways recently with higher lows and lower highs creating a symmetrical triangle pattern on its 1-hour time frame. Price has just bounced off support and could be due for a test of resistance...