AUDUSD Triangle Breakout (July 31, 2014)
AUDUSD had been trading inside an ascending triangle chart pattern for quite some time before breaking to the downside and indicating that further losses could be in the cards.
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AUDUSD Ascending Triangle Setup (July 28, 2014)
AUDUSD has been making higher lows and finding resistance at the .9460 area, creating an ascending triangle on its 4-hour time frame.
AUDUSD Simple Range Play (June 12, 2014)
AUDUSD is finding resistance at the top of its range, visible on the 4-hour forex time frame.
Inside Buy At Target
As Target (TGT, quote) continues to defend itself over the one the larger hacks for consumer data and the perceived delay in reporting the hack we find an insider, Roxanne Austin purchasing 10,000 shares on June 2 bringing her total share count to 21,971 shares. Reports indicate the value of the shares is $567,000
EURUSD Testing Major Support – June 2, 2014
EURUSD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions.
Where next for the US dollar?
Following continued bullish momentum for many of the major currency pairs, these are now approaching key technical levels, which if breached could prove to be the tipping points for some sustained and longer term trends to develop.
AUDCAD Short-Term Downtrend (May 1, 2014)
AUDCAD is currently testing a falling trend line on its 1-hour time frame, as it has pulled up after reaching the 1.0150 minor psychological support.
USDJPY Rising Channel Pattern (April 22, 2014)
USDJPY is moving inside an ascending trend channel on its 4-hour time frame, indicating that further gains could be in the cards for the pair.
AUDUSD Trend Continuation Setup (April 11, 2014)
AUDUSD made a strong rally yesterday thanks to upbeat jobs data, but it was unable to sustain its rally when Chinese CPI came in weaker than expected today.
NZDUSD Trend Line Test (April 2, 2014)
Despite the sharp selloff that took place in today’s Asian trading session and the double top pattern that formed on the short-term time frames, NZDUSD’s uptrend is still intact.