USDJPY Range Resistance (Nov 20, 2017)

by Kate Curtis | November 20, 2017 4:32 am
USDJPY looks ready to trade sideways on its daily time frame as price has bounced off the resistance around 114.25. This could put the pair on track towards its range support at 108.50. The 100 SMA is...

GBPJPY Descending Channel (Nov 17, 2017)

by Kate Curtis | November 17, 2017 6:34 am
GBPJPY continues to trend lower on its short-term time frames. Price is testing the resistance at 149.00 and could be ready for a drop to the channel support at 147.50. The 100 SMA is below the longer-term...

EURAUD Bullish Momentum (Nov 16, 2017)

by Kate Curtis | November 16, 2017 5:27 am
EURAUD was previously trading inside an ascending channel pattern and has surged past the resistance to signal a steeper climb. Price stalled upon reaching resistance at the 1.5600 mark, so a correction to the broken resistance could...

GBPAUD Triangle Breakout (Nov 15, 2017)

by Kate Curtis | November 15, 2017 4:59 am
GBPAUD is slowly breaking above the resistance of its symmetrical triangle pattern on the daily time frame. This chart pattern is approximately 2000 pips tall so the resulting uptrend could be of the same height. The 100...

AUDUSD Range Breakdown (Nov 14, 2017)

by Kate Curtis | November 14, 2017 5:14 am
AUDUSD was previously trading sideways between support around .7650 and resistance at .7700-.7725. Price has just broken below the range support and looks ready for a pullback before heading further south. Using the Fib tool on the...

EURJPY Range Support (Nov 13, 2017)

by Kate Curtis | November 13, 2017 4:20 am
EURJPY has been trading sideways recently, bouncing off support near 132.00 and resistance at 136.25. Price is testing support once more and could be due for another climb to the top or at least until the middle...

EURUSD Area of Interest (Nov 10, 2017)

by Kate Curtis | November 10, 2017 6:35 am
EURUSD has been trending lower since breaking below the neckline of a head and shoulders pattern. Price is now moving inside a descending channel pattern and looks ready for a pullback to the resistance. Applying the Fibonacci...

NZDUSD Downtrend Correction (Nov 09, 2017)

by Kate Curtis | November 9, 2017 5:11 am
NZDUSD has been trending lower since breaking below the neckline of a head and shoulders pattern. Price is also moving below a descending trend line connecting the highs since mid-September. A pullback to this trend line appears...

USDCAD Uptrend Correction (Nov 08, 2017)

by Kate Curtis | November 8, 2017 5:40 am
USDCAD continues to trend higher and is moving above an ascending trend line connecting the lows on the 4-hour time frame. Price looks prime for another correction and the 50% level lines up with the trend line...

GBPJPY Broken Channel Retest (Nov 07, 2017)

by Kate Curtis | November 7, 2017 5:15 am
GBPJPY was previously trending higher inside an ascending channel before breaking below support to signal a reversal. Price bounced off the 148.75 level before showing signs of pulling back to the broken support. Applying the Fibonacci retracement...