The EURUSD pair is making the expected rebound leg to a new Lower High within the year long Channel Down as we explained on our post 11 days ago: As shown, every Lower High since March 31 is formed on the 0.5 Fibonacci retracement level and the 1D MA50 (blue trend-line). That puts a

  The EURAUD pair got a massive rejection on the 1D MA200 (orange trend-line) on July 01 and since last week, it hasn’t even regained its 1D MA50 (blue trend-line) suffering a strong sell-off. The long-term pattern is a Bearish Megaphone, technically such rejection should push the price to a new Lower Low. Based on

  The EURUSD pair has finally hit today the 1.000 (parity) level, a feat last seen on December 2002! This 20 year span is regarded by many as the closing of a Cycle, however, there is a pattern involved that we shouldn’t disregard. That is the Channel Down starting after the July 2008 High (amid

  The AUDCAD pair dropped sharply yesterday, negating the gains of the past 5 days combined. In doing so, it touched again the Lower Lows zone trend-line that started after the July 30 2021 Low and has been supporting with rebounds ever since. With the 1W RSI well within its own Buy Zone since July

  The EURCAD pair has been trading within a Channel Down pattern since September 2021 Triple Top. Such Double/ Triple Top Resistances are important as even in the one time the price broke above the pattern, it got rejected (February 07) on the Resistance of the previous High (Double Top), which also happened to be

  The EURUSD pair is on the 6th straight red 1D candle as it is headed towards the 1.000 level (parity) for the first time since December 2002! This may have come as a big surprise to many market participants but it was a realistic scenario based on the pair’s multi-year Cycles that I pointed

  The EURJPY pair has been on a long-term bullish trend since the May 2020 bottom, best illustrated with the help of the Fibonacci Channel on this 1D time-frame. The price broke yesterday below the 1D MA50 (blue trend-line) for the first time since May 25, ringing the first bearish bell. The second could come

  The NZDUSD pair hit our target of the last analysis we published following the +5.20% pattern: That High was in fact formed and rejected on the 1D MA50 (blue trend-line), which has been unbroken since April 14. Technically, the price still trades within the long-term Bearish Megaphone pattern, so highs are best viewed as

  The USDSEK pair had an excellent technical bounce on the 1D MA50 (blue trend-line) following our previous analysis: As you see that was our 1st suggested buy entry, so if you took the trade you can book (partial) profits and enter on the next pull-back near the diverging Higher Lows trend-line. The long-term entry

  The EURUSD pair has been trading within a Channel Down since the February 10 High but lately in particular since June 20, it has been sideways within the 4H MA50 (blue) and 4H MA200 (orange trend-line). Our last EURUSD idea on the 4H time-frame, accurately caught the most recent top of the Channel all