Yearly Archives: 2018

Hi there Traders, Today we’ve got a potential setup forming on the AUDNZD weekly chart. What we’re seeing here is the testing of a multi-year rising trendline. With price currently at this area of support we can assume one of two things will occur; 1 – Support will hold and price will bounce off our […]

Hi there traders, I hope you had a good weekend. It seems that as traders, we’re perhaps the only people who look forward to Mondays. Skimming through some more charts over the weekend and came across a beauty. on the weekly chart of the USDCAD, we’ve got a nice wedge forming. This downward resistance seems […]

G’day Traders, Flipping through the charts last night, I came across this and wondered, is the sun setting on the Nikkei? What we’re seeing here is a symmetrical triangle pattern forming on the daily chart. Now, ideally i’d like to see a few more touches of the trendline, but the pattern is still valid. While […]

Hi there, Traders. Since the year 2000 the GBPCHF has experienced a significant long-term bearish trend, and we’re presented with a potential continuation pattern, that if confirmed should see price decline even further, perhaps even to (and beyond) all-time lows for this pair. Now, whilst that possibility of all-time lows is some distance away, there […]

Hey there, Traders. It’s been a while since we’ve seen some a decent medium-term opportunity arise for USOIL, but the chart below is beginning to look very interesting. We can see that price has been respecting our downward trendline since late Jan this year, and we can also see that over the past month our […]

Happy Monday, traders. Flicking through some charts over the weekend and I came across this beauty for the Dow Jones, or DJ30. As you can see we have two diagonal trendlines that have been tested multiple times and we’re getting toward the apex of our symmetrical triangle. Our horizontal red lines indicate potential upside resistance […]