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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.
GBP/USD: Bearish Flag
GBP/USD,
1 hour
SHORT
Sep 20
There is a bearish flag revealed, the price is breaking out.
A bearish flag can be thought of as a technical bearish price action pattern with an upward bias that predicts a bearish price move in case if price breaks out.
A bearish move towards 1.237 is on the cards.
USD/CAD: Falling Wedge
USD/CAD,
4 hours
LONG
Apr 3
USD/JPY: Bullish Rectangle
USD/JPY,
1 hour
LONG
Apr 15
There is a bullish rectangle observed, the price wants a bit more consolidation as an information of a breakout.
A bullish rectangle spots the bears have run out of steam when price breaks through the resistance.
USD/JPY turns bullish towards 153.6.
NZD/USD: Ascending Triangle
NZD/USD,
1 hour
SHORT
Mar 27
It looks like NZD/USD builds an ascending triangle and the price breaks out soon.
An ascending triangle provides a price action pattern that typically results in a move down if price collapses through the support line.
It is possible that corrective downside towards 0.5995 will take place on a breach of 0.5998.
NZD/USD: Descending Channel
NZD/USD,
1 hour
LONG
Mar 6
A descending channel materializes and NZD/USD demands steady push up as a sign of a breakout.
A descending channel describes a bullish price indicator that signals a downward trend is about to reverse into an upnward trend once price breaks through the resistance.
NZD/USD to push up towards 0.611.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
3 days ago
There is a descending channel poping up, the price needs a next bigger move as a signal of a breakout.
A descending channel typically signals a trend change to the upside once price breaks through the resistance.
USD/CHF to recover bullish potential to 0.904 once above 0.9035.
EUR/USD: Rectangle
EUR/USD,
4 hours
LONG
5 days ago
The price sets up a rectangle, the price breaks out soon.
Once price breaks out, the move could spot a bullish price action.
EUR/USD aims to complete a retracement to the 1.082 zone amid the currency pair reclaims part of the ground lost.
GBP/USD: Descending Channel
GBP/USD,
1 day
LONG
May 4
The price shows a descending channel, GBP/USD wants a next active move for the certainty of breakout.
A descending channel can be thought of as a reliable bullish price action signal that often spots a bullish move if price breaks out to the the upside.
GBP/USD to have better chances of advancing towards 1.26 once beyond 1.256 amid GBP/USD recovers from recent lows.
GBP/JPY: Rectangle
GBP/JPY,
1 hour
SHORT
Jul 27
There is a rectangle appearing.
A rectangle is believed to be a specific formation that can be used to signal a bearish price move when price breaks below support.
GBP/JPY set to accelerate its decline to 180.8.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Jan 23
A rectangle is close to being done and the price is ready to break out soon.
A rectangle suggests a bearish price pattern that spots prices are likely to keep falling downward when price collapses through the support line.
There is a possibility of corrective downside towards the 0.866 level on impulse below 0.8672.
USD/JPY: Bullish Rectangle
USD/JPY,
1 day
LONG
Mar 20
There is a bullish rectangle turning up and USD/JPY wants a next steady move as a verification of a breakout.
A bullish rectangle is said to depict a compelling formation that predicts a sharp rise when price breaks through the resistance.
USD/JPY to increase bullish potential towards 152.