AUDJPY Technical Analysis 10.27.2017 AUDJPY has been trending to the upside making higher highs and higher lows since June 24/2016 on the Daily chart. On the 4 hour (Chart below) we can see a possible bullish pattern that can extend the trend higher and push AUDJPY to new highs. The chart below we can see […]

EURUSD Technical Analysis 10.17.2017 EURUSD on the 4 hour chart is showing two possible bullish patterns. Below you can see a blue bullish pattern which triggers buys at the BC 0.50% Fib. retracement level and a possible red bullish falling wedge pattern where price has still yet to break above the top trend line of […]

EURCAD Technical Analysis 8.1.2017 On June 13/2017 I published an article EURCAD : Sell the Bounce Bearish Pattern where I called for the pair to make another move lower after a bounce/retracement higher. EURCAD since then bounced and continued lower as expected but did not fully close the April 13/2017 market gap as I would have […]

GBPUSD Bullish Scenario: A bullish pattern can be seen for another possible move higher but has yet to trigger buys at the BC 0.50% Fib. level. If looking to buy GBPUSD traders should be patient and wait for price to make a move lower towards the BC 0.50% Fib. retracement level at 1.2808. Waiting for price […]

NZDUSD is showing 2 bullish patterns on the daily chart so we are expecting for the pair to continue higher. A move lower will now give bulls a chance to push the pair higher. Below we will show the possible bullish scenarios where bulls can enter the market and catch the move higher. NZDUSD Daily Chart 2 […]

Today’s price action confirms that a possible top has been formed at the June 2/2017 high and EURCAD can be on the way lower to close a market gap that formed on April 23/2017. The turn lower will now give bears a chance to push the pair lower. Below we will show a possible scenario/bearish pattern […]