NZDUSD Ascending Trend Channel (Jan 17, 2018)

by Kate Curtis | January 17, 2018 4:50 am
NZDUSD is trending higher on an ascending channel visible on its 1-hour and 4-hour chart. Price is currently testing support and might be due for a move back to the resistance soon. The 100 SMA is above...

USDJPY Broken Support Retest (Jan 16, 2018)

by Kate Curtis | January 16, 2018 1:37 pm
USDJPY recently fell through support at the 112.00 major psychological level and looks ready for a pullback to this area of interest. Applying the Fib tool on the latest swing high and low shows that the 61.8%...

USDCAD Support Turned Resistance (Jan 12, 2018)

by Kate Curtis | January 12, 2018 7:00 am
USDCAD recently broke through the floor around the 1.2650 minor psychological mark then fell to a low of 1.2362. Price is showing signs of a pullback from its drop and sellers may be waiting at the nearby...

EURAUD Countertrend Play (Jan 11, 2018)

by Kate Curtis | January 11, 2018 5:02 am
EURAUD has been trading in a descending channel pattern on its 4-hour time frame and has recently bounced off the resistance. Price is also breaching the middle of the channel to show enough downside momentum to reach...

Another USDJPY Triangle Bounce (Jan 10, 2018)

by Kate Curtis | January 10, 2018 8:03 am
USDJPY is still trading inside its descending triangle pattern and has just bounced off the resistance previously highlighted. Price is now making its way back to support at the 112.00 major psychological level for another test. The...

USDJPY Triangle Resistance (Jan 09, 2018)

by Kate Curtis | January 9, 2018 9:00 am
USDJPY has formed lower highs and found support at the 112.00 major psychological level, creating a descending triangle pattern on its 4-hour time frame. Price bounced off the bottom to make another test of resistance, which appears...

EURGBP Channel Resistance (Jan 05, 2018)

by Kate Curtis | January 5, 2018 4:52 am
EURGBP is trending lower in a shallow descending channel visible on its 4-hour chart. Price is approaching the channel resistance at the .8950 minor psychological level and might be due for a bounce. The 100 SMA is...

GBPUSD Ascending Trend Line (Jan 04, 2018)

by Kate Curtis | January 4, 2018 7:23 am
GBPUSD is trending higher on its 4-hour chart and looks prime for a pullback to the ascending trend line. Applying the Fib tool on the latest swing low and high shows that this lines up with the...

USDJPY Triangle Forming (Jan 03, 2018)

by Kate Curtis | January 3, 2018 8:53 am
USDJPY has formed lower highs and found support at the 112.00 area, creating what might be a descending triangle pattern. Price is currently testing support and might be due for a bounce back to resistance if it...

EURAUD Channel Pullback

by Kate Curtis | January 2, 2018 2:20 am
EURAUD has been trending lower on its 4-hour time frame since breaking below the neckline of a head and shoulders pattern. Price has bounced off support and is now nearing a test of the resistance around the...