AUD/CAD is slowly appreciating and has formed a Rising Wedge pattern on the 4H chart. The pattern has 70% quality and 57% magnitude in the 86-bar period. The pattern started when the pair rebounded from 1.0475 and after testing pattern's support levels at 1.0322 and 1.0414 the pair slowed down at 1.0543 where the pair is currently trading. Technical indicators on
EUR/GBP is continuing to appreciate and has formed a Channel Up pattern on the 1H chart. The pattern has 54% quality and 64% magnitude in the 43-bar period. The pattern started when the pair rebounded from 0.7827 and after testing pattern's support at 0.7790 and 0.7841 the pair slowed down at 0.7879 where the pair currently trading. Long traders, who expect
GBP/USD is slowly appreciating and has formed a Channel Up pattern on the 4H chart. The pattern has 62% quality and 97% magnitude in the 69-bar period. The pattern started when the pair bounced from 1.5394 and after testing pattern's resistance band at 1.5738 and 1.5768 the pair slowed down at 1.5671 where the pair is currently trading. Long traders, who
USD/JPY Has stabilized, narrowed trading price range to 20 pips and formed a Rectangle pattern on the 30M chart. The pattern has 75% quality and 85% magnitude in the 78-bar period. The pattern started when the pair rebounded from 79.682 and after testing pattern's support and resistance band twice slowed down at 78.199. Pattern's support is at 78.121; pattern's resistance is
GBP/USD has formed a Channel Up pattern on the 1H chart. The pattern has 62% quality and 100% magnitude in the 265-bar period. The pattern started when the pair bounced from 1.5394 and after testing pattern's resistance band at 1.5738 and 1.5768 the pair slowed down at 1.5708 where the pair is currently trading. Technical indicators on aggregate point at appreciation
AUD/USD continues to appreciate and has formed a Channel up pattern on the 4H chart. The pattern has 59% quality and 39% magnitude in the 86-bar period. The pattern started when the pair rebounded from 1.0330 and after testing pattern's support band at 1.0101 and 1.0178 it slowed down at 1.0496 where the pair is currently trading. Technical indicators on aggregate
USD/CAD has started to slowly devalue and formed a Channel Down pattern on the 1D chart. The pattern has 57% quality and 86% magnitude in the 190-bar period. The pattern started on the 27th of October, 2011, when the pair bounced from 0.9893 and after testing pattern's resistance band at 1.0524 on 25th of November, 2011, and at 1.0447 on 4th
AUD/CAD has returned to previous levels after a sharp drop in the middle of the last week, and is narrowing its trading range and has formed a Rising Wedge pattern on the 1H chart. The pattern has 75% quality and 49% magnitude in the 58-bar period. The pattern started when the pair rebounded from 1.0490 and after testing pattern's support band
USD/JPY continues to depreciate and has formed a Channel Down Pattern on the 4H chart. The pattern has 59% quality and 90% magnitude in the 127-bar period. The pattern started when the pair rebounded from 80.626 and after testing pattern's support band at 79,141 and 77.950 it slowed down at 78.176 where the pair is currently trading. The SWFX market sentiment shows
AUD/CAD has demonstrated price correction after a sharp drop in the middle of this week, the pair is narrowing its trading range and has formed a Rising Wedge pattern on the 30M chart. The pattern has 80% quality and 86% magnitude in the 131-bar period.The pattern started when the pair rebounded from 1.0498 and after testing pattern's support band at
AUD/USD is continuing to appreciate and has formed a Channel Up pattern on the 4H chart. The pattern has 64% quality and 55% magnitude in the 112-bar period. The pattern started when the pair bounced from 0.9969 and after testing pattern's support band at 1.0330 and 1.0444 it slowed down at 1.0408 where the pair is currently trading. The SWFX market
EUR/USD has stabilized and has formed an Ascending Triangle pattern on the 30M chart. The pattern has 73% quality and 51% magnitude in the 65-bar period. The pattern started when the pair bounced from 1.2042 and slowed down at 1.2144 after testing pattern's support and resistance bands twice. Pattern's resistance level is at 1.2167 and is set to intersect with support
EUR/JPY has stabilized after sharp drop at the end of last and beginning of the current week and has formed a Double Bottom pattern on the 1H chart. The pattern has 73% quality and 69% magnitude in the 66-bar period. The pattern started when the pair began depreciating on 19th of July at 96.719 and slowed down at 95.000. Pattern's resistance
GBP/USD has stabilized after sharp drop at the end of last and beginning of the present week and has formed a Double Bottom pattern on the 1H chart. The pattern has 65% quality and 73% magnitude in the 75-bar period. The pattern started when the pair rebounded from 1.5738 and slowed down at 1.5508 after testing pattern's lower band twice at
AUD/USD is continuing to appreciate and has formed a Channel Up pattern on the 4H chart. The pattern has 64% quality and 55% magnitude in the 112-bar period. The pattern started when the pair bounced from 0.9969 and slowed down at 1.0312 after testing pattern's resistance band at 1.0330 and 1.0447. Technical indicators on aggregate point at further appreciation of the
USD/CHF is continuing to appreciate and has formed a Channel Up pattern on the 4H chart. The pattern has 55% quality and 91% magnitude in the 93-bar period. The pattern started when the pair rebounded from 0.9679 and slowed down at 0.9916 after testing pattern's resistance band at 0.9463 and 0.9747. Technical indicators on aggregate send very strong buy signals on
EUR/USD is continuing to depreciate and has formed a Channel Down pattern on the 1H chart. The pattern has 53% quality and 91% magnitude in the 360-bar period. The pattern started when the pair bounced from 1.2407 and slowed down at 1.2083 after testing pattern's resistance band at 1.2693 and 1.2324. The Stochastic indicator on 4H horizon is sending buy signal
AUD/USD has been trading in the 1200 pip range since the beginning of October, 2011 and has formed a Rectangle pattern on the 1D chart. The pattern has 57% quality and 86% magnitude in the 208-bar period. The pattern started on the 4th of October, 2011, when the pair bounced from 0.9388 and after testing pattern's support and resistance band twice
EUR/USD is continuing to depreciate and has formed a Channel Down pattern on the 4H chart. The pattern has 53% quality and 90% magnitude in the 93-bar period. The pattern started when the pair bounced from 1.2407 and slowed down at 1.2106 after testing pattern's resistance band at 1.2693 and 1.2324. The Stochastic indicator on 1W horizon is sending buy signal
NZD/USD has formed an Ascending Broadening Wedge pattern on the 1H chart. The pattern has 53% quality and 90% magnitude in the 121-bar period. The pattern started when the pair bounced from 0.7862 and after testing pattern's resistance band at 0.8006 and 0.8055, it has slowed down at around 0.8000 where the pair is currently trading. Technical indicators on aggregate do
EUR/JPY has formed a Falling Wedge pattern on the 30M chart. The pattern has 41% quality and 100% magnitude in the 107-bar period. The pattern started when the pair rebounded from 97.386 and slowed down at 96.250 after testing pattern's support levels at 96.418 and 96.143. The CCI and the Stochastic indicators on 30M and 1H time horizons are sending buy
NZD/USD has gained some volatility, increased it's trading range and has formed an Ascending Broadening Wedge pattern on the 4H chart. The pattern has 42% quality and 38% magnitude in the 97-bar period.The pattern started when the pair rebounded from 0.8016 and after testing pattern's support band at 0.7839 and 0.7861, it has slowed down at around 0.8030 where the
GBP/USD has formed an Ascending Triangle pattern on the 1H chart. The pattern has 75% quality and 100% magnitude in the 92-bar period.The pattern started when the pair bounced from 1.5394 and slowed down at 1.5658 after testing pattern's support levels at 1.5554 and 1.5582. Pattern's resistance level is at 1.5674 and is set to intersect with support band on
AUD/USD is slowing down while approaching July's high and has formed another, yet shorter, Channel Up pattern on the 1H chart. The pattern has 67% quality and 54% magnitude in the 52-bar period. The pattern started when the pair rebounded from 1.0253 and slowed down at 1.0320 after testing pattern's support band at 1.0203 and 1.0236. Technical indicators on aggregate do