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EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Apr 30
A descending channel is almost done.
A descending channel is said to depict a technical bullish pattern that has a downward slope that indicates that the price to go up in case if price breaks out.
EUR/USD challenges a move to 1.08 as EUR/USD loses bearish momentum.
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.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
Apr 12
A descending triangle is diagnosed.
A descending triangle can be thought of as a specific signal that is used to signal a further move down if price breaks out.
EUR/USD looks for a setback to 1.07 once below 1.0704.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
5 days ago
We can see that the price sets up an ascending channel and the price requests a further move for the certainty of breakout.
In case if price breakdown occurs, the resulting move could signal a bearish price move.
It is not ruled out that a move towards 156.3 will form while below 156.4.
NZD/USD: Ascending Triangle
NZD/USD,
1 hour
SHORT
Jul 26
An ascending triangle is almost finished, NZD/USD asks for more steady fall as a clue of a breakout.
An ascending triangle signals the bulls have run out of steam if price breaks down.
A further bearish push down towards 0.619 looks possible on a breakout of the ascending triangle as NZD/USD becomes weak.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Nov 13
There is a rectangle observed and the price requests a further bigger bullish continuation as a sign of a breakout.
A rectangle depicts a useful bullish pattern that can be used to predict a sharp rise if price breaks out to the the upside.
EUR/USD pushes higher towards 1.071 on a upside break.
GBP/USD: Ascending Channel
GBP/USD,
1 day
SHORT
Apr 2
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
6 days ago
An ascending triangle turns up and the price is going to break out.
An ascending triangle results in a sharp rise when price breaks through the resistance.
EUR/USD looks ready to further extend its gains to 1.08 on impulse above 1.0795 as risk reversal sheds bearish bias.
GBP/JPY: Descending Triangle
GBP/JPY,
1 hour
LONG
Mar 19
There is a descending triangle encountered and GBP/JPY asks for a bit more consolidation as a verification of a breakout.
A descending triangle tends to be a useful price action indicator that is used to predict an extension in the upward direction when price breaks through the resistance.
It is not ruled out that a bullish move towards the 190 level will form on a breakout of the descending triangle.
AUD/USD: Descending Channel
AUD/USD,
1 day
LONG
May 3
It seems like a descending channel is recognized, the price requests a bigger bullish action for the certainty of breakout.
A descending channel depicts a useful bullish chart signal that results in that the price will rally further in case if price breaks above resistance.
There is a probability of a bullish price action to the 0.66 mark on a breach of 0.656 as AUD/USD challenges 0.656 hurdle.
GBP/JPY: Rectangle
GBP/JPY,
1 hour
LONG
May 25
It seems like GBP/JPY shapes a rectangle, the price is about to break out.
A rectangle is a specific bullish indicator that often spots the bears have run out of steam once price breaks through the resistance.
GBP/JPY to strengthen to 172.8.
GBP/USD: Bearish Rectangle
GBP/USD,
1 hour
SHORT
Apr 12
As we can see the price forms a bearish rectangle, GBP/USD wants a next bearish action for clear breakout confirmation.
A bearish rectangle is believed to be a technical bearish price pattern that predicts prices are likely to keep falling downward if price breaks out to the the downside.
Decline towards 1.25 looks likely while lower than 1.2515.