Open:
High:
Low:
Close:
ASCENDING TRIANGLE
USD/JPY
1H
There is an ascending triangle uncovered and usdjpy needs a further bigger move for clear breakout confirmation.
An ascending triangle is considered to be a pattern that can be used to predict a sharp rise once price breaks through the resistance.
Usdjpy could attempt a move towards 154.
DESCENDING TRIANGLE
GBP/JPY 1H
A descending triangle materializes.
A descending triangle provides a bullish indicator that is used to spot a sharp rise when price breaks out.
There is a probability of a bullish move towards the 211.5 mark as the currency pair resumes the upside.
ASCENDING CHANNEL
GBP/USD
4H
An ascending channel is discovered.
An ascending channel provides a useful pattern that is angled up that can be used to identify a bearish price action when price collapses through the support line.
It is possible that decline to 1.37 will form.
ASCENDING CHANNEL
NZD/USD 1H
There is an ascending channel emerging, nzdusd lacks a bigger bearish move as a verification of a breakdown.
If price breaks through the support, the resulting move could signal a break during an uptrending market.
A bearish move towards the 0.602 zone is probable amid rising bets for the move.
BEARISH RECTANGLE
GBP/JPY 1H
A bearish rectangle is close to being finished and the price is going to break out now.
A bearish rectangle identifies a useful indicator that typically signals a bearish price action in case if price breaks out.
Gbpjpy to push down to 210.
FALLING WEDGE
USD/JPY
1H
There is a falling wedge emerging, usdjpy demands a more steady move as a signal of a breakout.
A falling wedge often spots a temporary interruption of an existing trend once price breaks through the resistance.
Usdjpy pushes higher to the 153 level as there is a chance for a upside correction.
RECTANGLE
USD/CAD 1D
There is a rectangle uncovered.
A rectangle often signals that the price to go short if price breaks through the support.
Usdcad risks potential downside to the 1.36 level on impulse below 1.366.
BULLISH RECTANGLE
NZD/USD 1H
There is a bullish rectangle spotted.
If price breaks out to the the upside, the resulting move could identify that the price will rally further.
Nzdusd looks ready to further extend its gains towards the 0.6 level on a breakout of the bullish rectangle.
ASCENDING TRIANGLE
EUR/USD
1H
We can see that an ascending triangle has been recognized, eurusd requests a bigger move as proof of a breakout.
In case if price breaks out, the move could identify a sharp rise.
A bullish continuation to the 1.192 level about to be made.
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