Open:
High:
Low:
Close:
USD/CAD: Rectangle
USD/CAD,
1 day
LONG
Mar 23
A rectangle is almost finished and USD/CAD wants a more move for clear breakout confirmation.
A rectangle typically identifies the bears have run out of steam once price breaks out.
USD/CAD challenges a move towards the 1.365 mark on a breach of 1.36 as indicators favor bulls.
USD/CHF: Rectangle
USD/CHF,
1 day
SHORT
Jun 13
It seems like a rectangle comes out, the price is about to break out soon.
A rectangle often predicts that the price to go short in case if price breaks through the support.
USD/CHF to nosedive to 0.81 on a breach of 0.814 as USD/CHF becomes offered.
GBP/JPY: Rising Wedge
GBP/JPY,
4 hours
SHORT
Jul 1
There is a rising wedge identified and GBP/JPY expects next bigger push down for the certainty of breakdown.
A rising wedge can be thought of as a reliable chart signal that often signals that the price to go short once price breakdown occurs.
It is likely that a move towards 197 will be made once below 197.5 amid rising bets for the move.
NZD/USD: Ascending Channel
NZD/USD,
1 hour
SHORT
Apr 12
An ascending channel develops and the price is breaking out.
An ascending channel signals price heading to a new direction once price breakdown occurs.
It is not ruled out that decline to 0.597 will happen on impulse below 0.5978.
USD/CHF: Descending Triangle
USD/CHF,
1 hour
SHORT
Apr 2
We can see that a descending triangle has been noticed.
Once price breaks out, the resulting move could predict a further move down.
USD/CHF is at risk of extending its slump towards 0.88.
NZD/USD: Rectangle
NZD/USD,
1 day
LONG
Jun 13
A rectangle pops up and NZD/USD lacks a further bullish action for clear breakout confirmation.
If price breaks through the resistance, the resulting move could indicate a further move up.
A bullish move towards 0.61 looks likely.
USD/CHF: Bearish Flag
USD/CHF,
4 hours
SHORT
Jul 6
We can see that a bearish flag is found.
A bearish flag typically identifies extending an downtrend if price breaks through the support.
USD/CHF pulls away from recent highs towards 0.894.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
Apr 3
There is an ascending channel diagnosed, the price is going to break out soon.
In case if price breaks through the support, the resulting move could spot that the price to go down.
It is not ruled out that a bearish move towards 0.878 will form on a break below 0.8795.
EUR/USD: Rectangle
EUR/USD,
1 day
LONG
Jun 12
There is a rectangle detected, the price is about to break out.
A rectangle describes a compelling chart indicator that is used to predict extending an uptrend when price breaks out to the the upside.
It is likely that a bullish move to 1.15 will be made on a breach of 1.146 amid rising bets for the move.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Apr 2
AUD/USD: Ascending Triangle
AUD/USD,
1 day
LONG
Jun 6
An ascending triangle is nearing completion.
An ascending triangle identifies a chart formation that typically spots a bullish move once price breaks above resistance.
A rangebound towards 0.655 about to be made.
GBP/JPY: Rising Wedge
GBP/JPY,
4 hours
SHORT
Jun 30
There is a rising wedge happening, the price is ready to break out.
Once price breaks out, the resulting move could identify a breakdown is likely to occur.
Extra downside to 197.5 looks probable.