AUDUSD Long-Term Breakout July 17, 2017
AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark.
SMA
GBPUSD Countertrend Play Jun 30, 2017
The ascending channel on Cable’s daily time frame is still intact and price is heading towards the resistance around 1.3400. A countertrend opportunity could arise if reversal candlesticks form around this area.
AUDUSD Descending Channel May 15, 2017
AUDUSD has been trending lower recently and is now moving inside a descending channel on its 4-hour chart. Price just bounced off support and is looking to pull back to the resistance at the .7450 minor psychological level.
EURUSD Countertrend Setup Apr 26, 2017
EURUSD is moving inside an ascending channel on its 4-hour chart and is currently approaching the resistance at 1.0950 to 1.1000. If this area keeps gains in check, the pair could head back to support at the 1.0700 major psychological level or at least until the mid-channel area of interest.
EURUSD Long-Term Channel Mar 31, 2017
EURUSD has been selling off recently but it could be approaching a turning point as it nears the bottom of the longer-term ascending channel visible on the 4-hour time frame.
AUDUSD Reversal Confirmation Sep 19, 2016
AUDUSD seems to be tired from its climb since it already formed a head and shoulders reversal pattern on its 4-hour time frame. Price also broke below the neckline at the .7500 major psychological level, confirming its potential selloff.
AUDUSD Support Turned Resistance June 27 2016
AUDUSD tested the .7650 minor psychological resistance before selling off sharply last week and a look at the daily time frame shows that this resistance is a long-term area of interest.
EURUSD Descending Channel May 26, 2015
EURUSD has been trending lower on its 1-hour time frame, moving inside a descending channel connecting the latest highs and lows. Price appears to be on its way to test the resistance once more after the channel support held.
USDJPY Uptrend Pullback Apr 25, 2016
USDJPY broke out of its double bottom formation on the 1-hour time frame, signaling that a reversal from the previous downtrend is about to take place.
USDCAD Countertrend Setup Apr 13, 2016
USDCAD has been trending lower, moving inside a descending channel pattern on its 4-hour time frame. Price is now making its way close to the channel support near the 1.2700-1.2750 and might be due for a bounce.