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Resistance line breached by USDJPY. This price has been tested at least twice before.
Channel Down pattern identified on USDJPY has broken through a resistance level with the price momentum continuing to…
USDCHF formed a Channel Down on the 4 hour chart. Retest of resistance in sight.
A Channel Down pattern was identified on USDCHF at 0.78923, creating an expectation that it may move to…
EURCAD likely to test 1.6205 in the near future. Where to next?
EURCAD is approaching a support line at 1.6205. If it hits the support line, it may break through…
EURJPY is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 8 days.
Emerging Channel Up pattern in its final wave was identified on the EURJPY 1 hour chart. After a…
After testing 0.6651 numerous times, AUDUSD is once again approaching this price point. Can we expect a bearish trend to follow?
AUDUSD is heading towards 0.6651 and could reach this point within the next 19 hours. It has tested…
A possible move on CHFJPY as it heads towards support
CHFJPY is moving towards a support line. Because we have seen it retrace from this line before, we…
GBPJPY is approaching 199.2480. We expect either a breakout through this line, or a rebound.
A strong support level has been identified at 199.2480 on the 1 hour GBPJPY chart. GBPJPY is likely…
Breach of support could mean a start of a bearish trend on AUDJPY
AUDJPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true,…
USDJPY has broken through a support line. It has touched this line numerous times in the last 7 days.
A strong support level has been breached at 147.2330 on the 1 hour USDJPY chart. Technical Analysis theory…
Interesting opportunity on AUDUSD after breaking 0.6661789552238805
This trade setup on AUDUSD is formed by a period of consolidation; a period in which the price…