USD/JPY Uptrend Builds Contracting Triangle Chart Pattern

December 27, 2016 06:30

USD/JPY

4 hour

The USD/JPY uptrend is building a contracting triangle chart pattern (red/blue). A break above the resistance level...


The Wave Structure and Main Fib Levels in Last Week of 2016

December 26, 2016 06:30

EUR/USD

4 hour

The EUR/USD downtrend is building a major consolidation zone the broken support levels from 2015 (dotted greens)....


GBP/USD Bearish Breakout within Bearish Trend Channel

December 23, 2016 07:06

GBP/USD

4 hour

The GBP/USD downtrend continues with a new lower low after completing a wave 4 (blue) retracement. Price...


EUR/USD, GBP/USD Build Bear Flag Chart Patterns within Downtrend 2016.12.22

December 22, 2016 07:00

EUR/USD

4 hour

The EUR/USD is in a downtrend as long as price stays below the resistance (orange) trend line...


USD/JPY Bullish Break has Fibonacci Targets at 120 and 121 2016.12.21

December 21, 2016 07:00

USD/JPY

4 hour

The USD/JPY is in an uptrend but price is building a bearish retracement called a contracting triangle...