USD/JPY has formed a Channel Up pattern on 1H chart. The pattern has 66% quality and 62% magnitude in the 70-bar period. The pattern started when the pair started appreciating from 77.797; currently it is trading at 78.531. Technical indicators on aggregate point at appreciation of the pair on 4H horizon suggesting that pair will continue to follow pattern's, upward sloping,
EUR/GBP has formed an Ascending Broadening Wedge pattern on 4H chart. The pattern has 46% quality and 84% magnitude in the 235-bar period. The pattern started when the pair rebounded from 0.7964; currently it is trading at 0.8039. Gap between pattern's support and resistance broadens by 25 pips in 100 pips period. Technical indicators on aggregate point at appreciation of the
USD/JPY has formed a Channel Up pattern on 4H chart. The pattern has 65% quality and 82% magnitude in the 98-bar period. The pattern started when the pair dropped from 79.039; currently it is trading at pattern's support at 79.399. Long traders, who expect the pair to resume its move towards pattern's resistance, could focus on daily pivot (PP)/Fibonacci retracement
AUD/USD has formed a Channel Up pattern on 4H chart. The pattern has 56% quality and 74% magnitude in the 286-bar period. The pattern started when the pair bounced from 1.0101; currently it is trading at 1.0220. The Stochastic indicator on 1D and technical indicators on aggregate on 1W outlook point at appreciation of the pair suggesting that the pair will
USD/CHF has formed a Rising Wedge pattern on 4H chart. The pattern has 69% quality and 55% magnitude in the 111-bar period. The pattern started when the pair rebounded from 0.9608; currently it is trading at pattern's support at 0.9374; gap between pattern's support and resistance narrows by 30 pips in 100 bar period. The RSI on 4H horizon send buy
EUR/GBP has formed a Rising Wedge pattern on 1H chart. The pattern has 81% quality and 79% magnitude in the 53-bar period. The pattern started when the pair bounced from 0.7943; currently it is trading at 0.8012. The Stochastic indicator sends buy signals suggesting we will see a bullish rally in the near future. The SWFX market sentiment is bullish as
AUD/USD has formed a Double Top pattern on the 1D chart. The pattern has 85% quality and 81% magnitude in the 91-bar period.The pattern started on 1st of June, 2012, when pair started appreciating from 0.9582; at the moment pair is trading at Fibonacci retracement (38.2% of move since 1st of June, 2012) at 1.0219; pattern's support is at 1.0167;
NZD/USD has formed a Triple Top pattern on 4H chart. The pattern has 52% quality and 100% magnitude in the 104-bar period. The pattern started when the pair bounced from 0.7915; currently it is trading at Bollinger's band/daily pivot (S1) at 0.8229/21; pattern's support is at 0.8196. Technical indicators point at appreciation of the pair at 1D and 1W horizons suggesting
EUR/GBP has formed a Double Bottom pattern on 1H chart. The pattern has 46% quality and 91% magnitude in the 212-bar period. The pattern started when the pair started depreciating from 0.8115; currently it is trading at Fibonacci retracement (23.6% of move since 14th of September)/Bollinger's band at 0.7980/84. Technical indicators on aggregate point at appreciation of the pair. The SWFX
NZD/USD has formed a Rising Wedge pattern on 4H chart. The pattern has 63% quality and 80% magnitude in the 178-bar period. The pattern started when the pair bounced from 0.8038 before rebounding from 0.8187; currently it is trading at Bollinger's band/pattern's high at 0.8347/54. Technical indicators point at appreciation of the pair at 4H, 1D and 1W giving strong support
GBP/USD has formed a Channel Down pattern on 1H chart. The pattern has 69% quality and 74% magnitude in the 79-bar period. The pattern started when the pair started depreciating from 1.6315; currently it is trading at daily pivot (R1) at 1.6204. Technical indicators on aggregate send a very strong buy signal on 1H horizon suggesting that the pair should breach
USD/CHF has formed a Rising Wedge pattern on 1H chart. The pattern has 78% quality and 71% magnitude in the 98-bar period. The pattern started when the pair started appreciating from 0.9286 after rebounding from 0.9356; currently it is trading at Fibonacci (38.2% of move since 5th of September)/Bollinger's band at 0.9381/79. The SWFX market sentiment is bullish—74% of trader's hold
EUR/GBP has formed a Channel Down pattern on 1H chart. The pattern has 60% quality and 85% magnitude in the 163-bar period. The pattern started when the pair started depreciating from 0.8115; currently it is trading at 0.7947. The Stochastic indicator sends a buy signal on 1D horizon suggesting we might see a bullish correction in the near future. The SWFX
USD/CAD has formed an Ascending Triangle pattern on 1H chart. The pattern has 79% quality and 49% magnitude in the 94-bar period.The pattern started when the pair bounced from 0.9726; currently it is trading at 0.9797. Technical indicators on aggregate point at appreciation of the pair on 1H and 4H horizons. The SWFX market sentiment is bullish—74% of all positions
USD/CHF has formed a Rising Wedge pattern on 1H chart. The pattern has 53% quality and 60% magnitude in the 83-bar period. The pattern started when the pair bounced from 0.9263; currently it is trading at 0.9371. Gap between pattern's support and resistance narrows by 32 pips in 50 bar period. Technical indicators on aggregate point at appreciation of the pair
USD/JPY has formed a Descending Triangle pattern on the 1D chart. The pattern has 74% quality and 75% magnitude in the 136-bar period.The pattern started on 15th of March, 2012, when pair started depreciating from 84.185; at the moment pair is trading at 78.410 Pattern's support is at 77.667 and is set to intersect with pattern's resistance on 7th of
EUR/GBP has formed a Channel Down pattern on 1H chart. The pattern has 62% quality and 67% magnitude in the 118-bar period.The pattern started when the pair started depreciating from 0.8116. Currently the pair is trading at 0.7971. The Stochastic indicator sends buy signal on 4H and 1D time horizons suggesting a possible bullish rally on the pair. The SWFX
GBP/USD has formed a Rising Wedge pattern on 1H chart. The pattern has 43% quality and 53% magnitude in the 138-bar period. The pattern started when the pair bounced from 1.6079. Currently the pair is trading at 1.6212. Gap between pattern's support and resistance narrows by 37 pips in 100 bar period. Technical indicators on aggregate point at appreciation of the
USD/JPY has formed a Channel Up pattern on 4H chart. The pattern has 47% quality and 82% magnitude in the 51-bar period. The pattern started when the pair started depreciating from 78.337. Currently the pair is trading at pattern's support/Fibonacci (50% of move since 13th of September) at 78.175. The SWFX market sentiment is bullish—71% of all of positions are long expecting
EUR/GBP has formed a Descending Broadening Wedge pattern on 1H chart. The pattern has 44% quality and 61% magnitude in the 96-bar period. The pattern started when the pair started depreciating from 0.8116. Currently the pair is trading at 0.7991. Gap between pattern's support and resistance broadens by 28 pips in 100 bar period. The Stochastic indicator on 1D horizon sends
AUD/CAD has formed a Descending Triangle pattern on 1H chart. The pattern has 40% quality and 55% magnitude in the 99-bar period. The pattern started when the pair bounced from 1.0180. Currently the pair is trading at 200 bar SMA at 1.0186. The SWFX market sentiment is bullish as 61% of traders hold long positions on the pair expecting its appreciation.
GBP/USD has formed a Broadening Wedge pattern on 4H chart. The pattern has 45% quality and 74% magnitude in the 140-bar period. The pattern started when the pair bounced from 1.5637. Currently the pair is trading at 1.6177. Gap between pattern's support and resistance broadens by 87 pips in 100 bar period. Technical indicators on aggregate point at appreciation of the
AUD/CAD has formed a Descending Triangle pattern on 1H chart. The pattern has 78% quality and 55% magnitude in the 83-bar period. The pattern started when the pair bounced from 1.0180. Currently the pair is trading at 1.0172. Pattern's support is at 1.0159 and is set to intersect with pattern's resistance on 19th of September, 22:00 GMT. The SWFX market sentiment
GBP/USD has formed a Channel Up pattern on 1H chart. The pattern has 59% quality and 79% magnitude in the 245-bar period. The pattern started when the pair bounced from 1.5960. Currently the pair is trading at 1.6257. Technical indicators on aggregate point at appreciation of the pair on 4H time horizon suggesting that upward sloping trend will maintain. Long traders