NZDJPY Double Bottom Breakout (Jun 09, 2017)

by Kate Curtis | June 9, 2017 11:14 am
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...

AUDUSD Daily Analysis – April 27, 2017

by ForexCycle.com | April 27, 2017 4:24 am
AUDUSD broke out of the triangle pattern and continued its downward movement from 0.7749. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7540, only...

GBPJPY Triangle Breakout (Apr 25, 2017)

by Kate Curtis | April 25, 2017 11:40 am
GBPJPY recently had lower highs and found support at the 137.00 major psychological level, creating a descending triangle pattern. Price just recently broke above the resistance at 139.00, indicating that bulls are taking control of price action....