GBP/USD has formed a Rising Wedge pattern on 1H chart. The pattern has 54% quality and 80% magnitude in the 56-bar period. The pattern started when the pair bounced from 1.5771. Currently the pair is trading close to pattern's support at 1.5888. Technical indicators on aggregate point at appreciation of the pair on 4H time horizon, suggesting that the pair will
EUR/GBP signals for depreciation as it formed a Double Top pattern on 1H chart. The pattern has 84% quality and 85% magnitude in the 218-bar period. The pattern started when the pair bounced from 0.7833 on 20th of August. Pattern's resistance is at 0.7995/97; pattern's support is at 0.7902. The SWFX market sentiment is bullish as 61% of traders hold long
USD/JPY is has forms 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 the pair started depreciating from 84.185; currently the pair is trading at 78.316. Pattern's support is at 77.791 and is set to intersect with pattern's resistance on 7th
USD/CAD has formed a Descending Triangle pattern on 1H chart. The pattern has 90% quality and 53% magnitude in the 340-bar period. The pattern started when the pair bounced from pattern's support at 0.9843 after dropping from 1.0085. Pattern's support and resistance lines are set to intersect on 2nd of October, 23:00 GMT. The SWFX market sentiment shows that 71% of
AUD/CAD has formed a Triple Bottom pattern on 1H chart. The pattern has 60% quality and 100% magnitude in the 144-bar period. The pattern started when the pair started to depreciate from 1.0453 on 23rd of August. Pattern's resistance is at 1.0263. Technical indicators point at appreciation of the pair on 1H time horizon. Long traders could set their targets at daily
USD/CAD is signaling for recovery as it has formed a Double Bottom pattern on 1H chart. The pattern has 87% quality and 67% magnitude in the 429-bar period. The pattern started when the pair started to depreciate from 1.0085; currently the pair is trading at 0.9922; pattern's support is at 0.9842/43; pattern's resistance is at 0.9949. Technical indicators on aggregate point
USD/JPY is trying to recover and has formed an Ascending Triangle pattern on 1H chart. The pattern has 74% quality and 91% magnitude in the 183-bar period. The pattern started when the pair dropped from 79.664 on 20th of August to 78.289 on 22nd of August; currently the pair is trading at 78.632. Pattern's resistance is at 78.820 and is set
EUR/USD has formed a Rising Wedge pattern on 4H chart. The pattern has 87% quality and 77% magnitude in the 158-bar period. The pattern started when the pair dropped from 1.2325 to 1.2042 and appreciated after that; currently the pair is trading at 1.25511. Technical indicators on aggregate point at appreciation of the pair on 4H and 1D time horizons. Long
USD/JPY is continuing to depreciate and has formed a Channel Down pattern. The pattern has 65% quality and 85% magnitude in the 143-bar period. The pattern started when the pair bounced from 78.617 and started to depreciate after peaking at 80.262; currently the pair is trading almost perfectly on 200 day SMA value of 78.615. The SWFX market sentiment shows that
EUR/GBP has formed a Channel Up pattern on 1H chart. The pattern has 65% quality and 85% magnitude in the 143-bar period. The pattern started when the pair bounced from 0.7833; currently the pair is trading at 0.7941. Technical indicators on aggregate point at appreciation of the pair on 1H and 4H time horizons. The SWFX market sentiment is bullish as 61%
NZD/USD is continuing to depreciate and has formed a Channel Down pattern. The pattern has 66% quality and 100% magnitude in the 368-bar period. The pattern started when the pair bounced from 0.8069 and after falling below and recovering above 200 day SMA for a few times the pair slowed down at 0.8072 where the pair is currently trading. Long traders,
AUD/CAD has formed a Channel Down pattern on 1H chart. The pattern has 46% quality and 100% magnitude in the 363-bar period. The pattern started when the pair bounced from 1.0498 and started to depreciate after hitting 1.0601. Currently the pair is trading at 1.0271. The Stochastic indicator sends a buy signal on 1D outlook indicating we should see price correction
EUR/JPY has formed an extended Channel Up pattern since the morning on 1H chart. The pattern has 69% quality and 94% magnitude in the 314-bar period. The pattern started when the pair bounced from 94.929 and slowed down slightly above 200 day SMA at 98.578 where the pair is currently trading. Technical indicators on aggregate point at appreciation of the pair
EUR/JPY is continuing to develop in the Double Bottom pattern frame on the 1D chart. The pattern has 64% quality and 98% magnitude in the 108-bar period.The pattern started on the 21th of March, 2012, when the pair started depreciating from 111.444 and after testing pattern's support limits on 1st of June at 95.607 and 24th of July at 94.125
NZD/USD has formed a Descending Triangle pattern on 1H chart. The pattern has 81% quality and 73% magnitude in the 63-bar period. The pattern started when the pair bounced from 0.8077 and slowed down slightly above 200 day SMA at 0.8107 where the pair is currently trading. Pattern's support is at 0.8082 and is set to intersect with pattern's resistance band
EUR/JPY has formed an extended Channel Up pattern since the morning on 1H chart. The pattern has 69% quality and 94% magnitude in the 314-bar period. The pattern started when the pair bounced from 94.929 and slowed down slightly above 200 day SMA at 98.178 where the pair is currently trading. Technical indicators on aggregate point at appreciation of the pair
EUR/JPY has formed a Channel Up pattern on 1H chart. The pattern has 58% quality and 76% magnitude in the 151-bar period. The pattern started when the pair bounced from 96.540 and slowed down slightly above pattern's support at 98.644 where the pair is currently trading. Technical indicators on aggregate point at appreciation of the pair on 1D time horizon indicating
NZD/USD has bounced of it's 200 day SMA and is moving in Channel Up pattern boundaries on the 4H chart. The pattern has 50% quality and 100% magnitude in the 287-bar period. The pattern started when the pair bounced from 0.7456 and after testing pattern's resistance and bouncing of it's 200 day SMA it slowed down at 0.8154 where the pair
EUR/GBP reached 2 week high and has formed a Double Top pattern on 1H chart. The pattern has 84% quality and 79% magnitude in the 55-bar period. The pattern started when the pair bounced from 0.7833 and slowed down at 0.7888 where the pair is currently trading. Patterns support level is at 0.7877; resistance level is at 0.7910. Technical indicators on
NZD/USD is hovering slightly above 200 day SMA, but is still moving in Channel Up pattern boundaries on the 4H chart. The pattern has 50% quality and 99% magnitude in the 287-bar period. The pattern started when the pair bounced from 0.7456 and after testing pattern's resistance twice it slowed down above 200 day SMA at 0.8093 where the pair is
USD/JPY has been trading in 300 pip range for the past three months and has formed a Channel Up pattern on 4H chart. The pattern has 62% quality and 71% magnitude in the 339-bar period. The pattern started when the pair rebounded from 80.557 and slowed down above 200 day SMA at 79.305 where the pair is currently trading. Technical indicators
AUD/USD is recovering and has formed a Channel Up pattern on the 4H chart. The pattern has 62% quality and 62% magnitude in the 203-bar period. The pattern started when the pair bounced from 0.9969 and after testing pattern's support twice it slowed down not far above 200 day SMA at 1.0511 where the pair is currently trading. Technical indicator on
EUR/USD is narrowing it's trading price range and has formed a Triangle pattern on the 1H chart. The pattern has 78% quality and 65% magnitude in the 227-bar period. The pattern started when the pair bounced from 1.2242 and slowed down close to pattern's resistance band at 1.2375 where the pair is currently trading. Pattern's support and resistance bands are set
GBP/USD is recovering and has formed a Rising Wedge pattern on the 4H chart. The pattern has 77% quality and 74% magnitude in the 88-bar period. The pattern started when the pair rebounded from 1.5768 and after testing pattern's support twice it slowed down at 1.5704 where the pair is currently trading. Technical indicator on aggregate point at appreciation of the