EURUSD Is Facing Channel Support
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the fall from 1.2092 could be treated as consolidation of...
Tag: Double Bottom
EURGBP Is Facing 0.9305 Resistance
EURGBP formed a double bottom pattern on its daily chart, with neckline at 0.8851 and measured move target at around 0.9400. After breaking above the neckline resistance, the pair extended its bullish movement to as high as...
EURUSD Remains In Uptrend From 1.0569
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the pullback from 1.1909 could be treated as consolidation of...
NZDJPY Double Bottom Breakout (Jun 09, 2017)
NZDJPY could be in for a long-term climb as it broke past the neckline of its double bottom pattern on the daily time frame. Price was unable to break below the 75.00-75.50 area in its last two...
EURUSD Might be Forming a Double Bottom Pattern
EURUSD might be forming a double bottom pattern on its weekly chart. The first bottom is at the March 2015 low of 1.0462, the second bottom is at the January 2017 low of 1.0340, and the neckline...
EURGBP Might Be Forming Double Bottom Pattern
EURGBP might be forming a double bottom pattern on its daily chart. The first bottom is at the December 2016 low of 0.8304, and the second bottom is at the April 18 low of 0.8313. The neckline...