Technical Analysis
The price of USDCAD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The
USDJPY has broken through the support line of a Pennant technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation
AUDUSD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a
Emerging Falling Wedge pattern in its final wave was identified on the ETHUSD 15 Minutes chart. After a strong bullish run, we find ETHUSD heading towards the upper triangle line
USDJPY is once again retesting a key horizontal resistance level at 151.5850. It has tested this level 3 times in the recent past and could simply bounce off like it
An emerging Channel Down has been detected on NZDUSD on the 4 hour chart. There is a possible move towards 0.6038 next few candles. Once reaching support it may continue
EURUSD is once again retesting a key horizontal resistance level at 1.0851. It has tested this level 6 times in the recent past and could simply bounce off like it
An emerging Rising Wedge has been detected on LTCUSD on the 1 hour chart. There is a possible move towards 93.0067 next few candles. Once reaching support it may continue
ETHUSD has broken through a line of 3562.0901. If this breakout holds true, we could see the price of ETHUSD heading towards 3749.3850 within the next 2 days. But don’t
Emerging Head and Shoulders detected on AUDUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over