There is a rectangle forming, the price is ready to break out soon.
A rectangle describes a signal that results in the bears have run out of steam in case if price breaks through the resistance.
EUR/USD pushes higher towards 1.088 while above 1.0872.
EUR/USD: Rectangle
EUR/USD,
1 hour
SHORT
May 11
It looks like a rectangle is close to being finished.
A rectangle provides a useful indicator that spots a bearish price move in case if price breaks out.
EUR/USD to suffer further downside towards 1.094.
EUR/USD: Bearish Flag
EUR/USD,
4 hours
SHORT
Jan 23
It looks like a bearish flag emerges, the price wants a more strong impulse down as an information of a breakout.
A bearish flag can be thought of as an indicator that typically predicts a bearish move if price collapses through the support line.
It is possible that a further move to the 1.084 mark will take place on a breakout of the bearish flag.
EUR/USD: Bullish Rectangle
EUR/USD,
1 hour
LONG
Oct 23
A bullish rectangle appears and the price is going to break out.
A bullish rectangle identifies a bullish move once price breaks out.
EUR/USD to prolong the growth phase towards 1.061 on a breakout of the bullish rectangle.
EUR/USD: Falling Wedge
EUR/USD,
1 hour
LONG
May 9
There is a falling wedge forming.
A falling wedge spots a next move up if price breaks out to the the upside.
EUR/USD violates bearish trendline towards 1.076 once beyond 1.075 as EUR/USD becomes bullish.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Oct 31
The price shows a descending channel, EUR/USD requests a steady move as an information of a breakout.
A descending channel indicates a downward trend is about to reverse into an upnward trend once price breaks through the resistance.
EUR/USD now looks towards 1.065 on a breakout of the descending channel.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Dec 29
An ascending channel is close to being finished.
An ascending channel predicts a bearish price move if price breaks out to the the downside.
It is likely that corrective downside towards 1.1 will form.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Apr 14
There is an ascending channel turning up and the price is breaking out.
An ascending channel is considered to be a chart formation that often predicts a change in the prevailing trend in case if price breakdown occurs.
EUR/USD risks a correction towards 1.106 as door open for a test of 1.106.
EUR/USD: Rectangle
EUR/USD,
1 hour
SHORT
Oct 2
There is a rectangle materializing and the price is about to break out.
A rectangle suggests a chart formation that can be used to predict extending an downtrend in case if price breaks below support.
There is a possibility of a bearish run towards 1.055 while lower than 1.056.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Aug 21
It looks like EUR/USD completes an ascending channel, the price is going to break out soon.
If price breakdown occurs, the resulting move could signal an upward trend is about to reverse into an downward trend.
EUR/USD to extend the fall to 1.089 as sell-off may continue.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Nov 21
There is an ascending channel poping up and the price breaks out soon.
In case if price breaks out to the the downside, the resulting move could predict a bearish price move.
A bearish move to 1.093 is not ruled out on a downside break.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Mar 5
There is an ascending channel arising.
An ascending channel describes a bearish price action indicator that can be used to predict price heading to a new direction when price collapses through the support line.
EUR/USD to turn bearish to 1.084 as EUR/USD challenges 1.0852 hurdle.
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EUR/USD