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.
NZD/USD: Fallender Keil
NZD/USD,
4 Stunden
LONG
Nov 25
A falling wedge is very close to being completed.
If price breaks above resistance, the resulting move could predict a further move up.
It is possible that a bullish price action to 0.562 will occur while above 0.5615 amid the currency pair recovers from recent lows.
USD/CHF: Rechteck
USD/CHF,
1 Stunde
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: Steigender Keil
USD/JPY,
1 Stunde
SHORT
Okt 3
It seems like a rising wedge is close to being completed and USD/JPY asks for a move for the certainty of breakout.
A rising wedge provides a specific pattern that indicates prices are likely to keep falling downward in case if price breaks out.
Decline towards 149.6 stays on the cards.
USD/CHF: Bullische Flagge
USD/CHF,
1 Stunde
LONG
Okt 21
As we can see a bullish flag is distinguished and usdchf wants further steady rise to confirm a breakout.
A bullish flag indicates a further move up when price breaks through the resistance.
Usdchf to head to the 0.793 level as bulls look for entries.
USD/JPY: Absteigender Kanal
USD/JPY,
1 Stunde
LONG
Apr 27
A descending channel happens and the price is about to break out.
A descending channel can be thought of as a reliable pattern that is used to identify a countertrend succeeding the current trend if price breaks through the resistance.
A further bullish continuation to 134 about to be made.
USD/CAD: Rechteck
USD/CAD,
4 Stunden
LONG
Nov 17
A rectangle is close to being done and usdcad requests a more steady move to confirm a breakout.
A rectangle depicts a technical bullish price action signal that often predicts a bullish move when price breaks out to the the upside.
Usdcad to look for a further push to 1.404 on a breakout of the rectangle as usdcad sticks to the positive mood.
USD/CHF: Absteigender Kanal
USD/CHF,
1 Stunde
LONG
vor 28 Stunden
A descending channel is almost done and usdchf calls for an active move as an indication of a breakout.
A descending channel represents a pattern that results in a further move up if price breaks out.
Usdchf to increase bullish potential towards 0.802.
EUR/USD: Rechteck
EUR/USD,
4 Stunden
LONG
Nov 26
There is a rectangle emerging, the price needs next steady rise as proof of a breakout.
A rectangle tends to be a reliable signal that often predicts a sharp rise when price breaks above resistance.
A bullish price action to the 1.16 mark is about to happen as the currency pair looks bid.
AUD/USD: Absteigender Kanal
AUD/USD,
1 Stunde
LONG
Jun 12
There is a descending channel turning up.
A descending channel describes a price pattern that is used to spot a next move up in case if price breaks out to the the upside.
A bullish continuation towards the 0.6615 mark is a possibility as bulls lurking in demand zone.
AUD/USD: Aufsteigendes Dreieck
AUD/USD,
4 Stunden
SHORT
Jan 31
An ascending triangle is found.
An ascending triangle provides a specific chart formation that is used to spot the more likely potential of falling prices when price breaks out.
It is not ruled out that corrective downside to 0.656 will be made.
EUR/USD: Absteigender Kanal
EUR/USD,
4 Stunden
LONG
Mär 4
We can see that a descending channel has been spotted.
A descending channel is said to depict a useful price action pattern that is angled down that can be used to predict a bullish price action in case if price breaks above resistance.
EUR/USD to continue higher towards 1.055 on a breakout of the descending channel as EUR/USD nears 1.05 hurdle.
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