Triangle

AUD/JPY has been stuck inside this consolidation pattern for a while, but a breakout looks imminent. On the hourly chart below, you can see that the pair has formed higher lows since the beginning of the month and found resistance around…

The Eurozone is due to print a new set of PMI readings today! Could this rebound or break the support of the EUR/AUD triangle? On the hourly chart below, you can see that the pair has formed lower tops and found support at 1.6210 area,…

Japanese Yen, USD/JPY, Treasury Yields, Ascending Triangle - Brief:Japanese Yen Weakens to close out the first trading day of the weekRising Treasury rates continue to put pressure on the yield-sensitive currencyUS dollar / Japanese yen…

We have Australian jobs data coming soon! Could this trigger a triangle breakout for GBP/AUD? And how high is the pair if that happens? Forex GBP/AUD 1 hour Planned by TV Check out this forex pair which is testing the top of the…

Are you hoping to capitalize on recent influxes of risk aversion? Banking sector concerns are at it again, and it doesn't help that traders are also concerned about a possible recession in the US. If this type of market mood continues, we…