AUDUSD Countertrend Play (Mar 19, 2018)

by Kate Curtis | March 19, 2018 3:57 am
AUDUSD has been trending lower and moving inside a descending channel on its 1-hour time frame. Price bounced off the resistance and is setting its sights on the channel support around the .7650 minor psychological level. The...

USDJPY Descending Triangle (Mar 16, 2018)

by Kate Curtis | March 16, 2018 6:35 am
USDJPY has formed lower highs and found support at the 105.60 level, creating a descending triangle pattern on its 1-hour time frame. Price just bounced off resistance and could be due for a test of support soon....

EURGBP Channel Support (Mar 15, 2018)

by Kate Curtis | March 15, 2018 4:49 am
EURGBP is trending higher on its 4-hour time frame, moving inside an ascending channel and currently testing support. A bounce could take it back up to the resistance at the .9000 major psychological level. Stochastic is already...

GBPAUD Range Setup (Mar 14, 2018)

by Kate Curtis | March 14, 2018 6:06 am
GBPAUD is moving sideways recently, finding support at the 1.7600 major psychological level and resistance at 1.7900. Price is halfway through its bounce to the top of the range, hitting some short-term resistance at the current area...

EURAUD Rising Wedge (Mar 13, 2018)

by Kate Curtis | March 13, 2018 5:46 am
EURAUD is slowly trending higher inside a rising wedge formation visible on the 4-hour time frame. Price just bounced off the resistance and might be due for a pullback to support around the 1.5450 minor psychological level....

AUDUSD Channel Resistance (Mar 12, 2018)

by Kate Curtis | March 12, 2018 3:24 am
AUDUSD is trending lower on its 4-hour time frame and is testing the top of the descending channel. If this holds as resistance, price could fall back to support at the bottom of the channel around the...

USDCAD Uptrend Pullback (Mar 9, 2018)

by Kate Curtis | March 9, 2018 4:42 am
USDCAD is trending higher on its 4-hour time frame and is trading above an ascending trend line. Price looks ready for a pullback and applying the Fib tool on the latest swing low and high shows that...

USDCAD Short-Term Selloff (Mar 8, 2018)

by Kate Curtis | March 8, 2018 4:04 am
USDCAD formed a double top reversal pattern on its 1-hour time frame, signaling that the rally could be over. Price has yet to break below the neckline at 1.2865 to confirm the potential selloff. The chart pattern...

GBPUSD Bearish Channel (Mar 7, 2018)

by Kate Curtis | March 7, 2018 5:40 am
Cable is trending lower inside a descending channel on its 1-hour time frame and looks prime for a pullback. Price is currently testing the 50% retracement level at the 1.3900 major psychological level and could head back...

EURAUD Resistance Turned Support (Mar 6, 2018)

by Kate Curtis | March 6, 2018 4:07 am
EURAUD recently broke past the 1.5800 major psychological mark to signal that more gains are in the cards. However, price is stalling around 1.5925 and might be due for a pullback to the broken resistance. Applying the...