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USD/JPY: Rising Wedge

USD/JPY, 4 hours    SHORT 6 days ago
A rising wedge is nearing completion and USD/JPY lacks a further bigger move to confirm a breakout. When price collapses through the support line, the move could signal a bearish price action. USD/JPY to plummet towards 155.5.

USD/CHF: Bearish Flag

USD/CHF, 4 hours    SHORT 6 days ago
There is a bearish flag materializing and the price demands next strong fall as a clue of a breakdown. A bearish flag tends to be a specific price signal that can be used to signal a next move down when price collapses through the support line. USD/CHF set to fall to the 0.904 mark.

NZD/USD: Descending Channel

NZD/USD, 1 day    LONG Apr 30
There is a descending channel forming and NZD/USD needs a further bigger bullish action for clear breakout confirmation. If price breaks through the resistance, the move could identify that the price to go long. NZD/USD to resume its rise towards the 0.61 level on a upside break as weakness seen overdone.

AUD/USD: Bullish Flag

AUD/USD, 1 hour    LONG 2 days ago
We can see that a bullish flag occurs and AUD/USD wants a bullish impulse as an information of a breakout. A bullish flag represents a useful chart signal that signals a potential bullish reversal in price action in case if price breaks through the resistance. There is a possibility of a bullish run to 0.669 on impulse above 0.6678.

NZD/USD: Pennant

NZD/USD, 1 hour    SHORT Mar 4
It seems like a pennant is close to being done, the price lacks a next bigger move to confirm a breakdown. A pennant tends to be a compelling price action signal that identifies a sharp decline when price breaks through the support. It is not ruled out that a bearish push down to 0.6095 will take place as NZD/USD is at a brink of a bearish breakout.

GBP/USD: Descending Triangle

GBP/USD, 1 hour    LONG 3 days ago
There is a descending triangle developing, the price is ready to break out. If price breaks above resistance, the move could predict the bears have run out of steam. A bullish move towards the 1.268 zone is a possibility as bulls lurking in demand zone.

NZD/USD: Descending Channel

NZD/USD, 1 day    LONG May 4
It seems like a descending channel is nearing completion, the price is ready to break out. A descending channel is believed to be a useful bullish price action signal that is used to spot a bullish price move if price breaks out. A bullish price action to 0.6 is probable once beyond 0.596.

EUR/USD: Descending Triangle

EUR/USD, 1 hour    LONG 3 days ago
There is a descending triangle turning up. When price breaks out, the resulting move could indicate that the price to go long. There is a possibility of a bullish price action towards the 1.088 zone.

AUD/USD: Ascending Triangle

AUD/USD, 1 day    SHORT Apr 2

NZD/USD: Symmetrical Triangle

NZD/USD, 1 hour    SHORT Mar 5
There is a symmetrical triangle distinguished, NZD/USD lacks a further steady bearish action to confirm a breakout. A symmetrical triangle describes a compelling signal that is used to predict an extension in the downward direction once price collapses through the support line. NZD/USD risks a move to 0.609 on a breakout of the symmetrical triangle.

GBP/USD: Ascending Channel

GBP/USD, 1 day    SHORT Mar 22
There is an ascending channel arising. An ascending channel often results in a bearish price action once price breaks down. GBP/USD challenges a move to 1.26 on a breakout of the ascending channel.

USD/JPY: Ascending Triangle

USD/JPY, 1 hour    LONG Mar 19
There is an ascending triangle turning up, USD/JPY calls for a further bigger move as evidence of a breakout. An ascending triangle depicts a compelling bullish price action signal that is used to identify a bullish price action when price breaks out. It is not ruled out that a bullish move towards the 149.4 mark will occur.
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