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EUR/USD: Rectangle

EUR/USD, 1 hour    SHORT 8 hours ago
There is a rectangle uncovered. When price collapses through the support line, the move could indicate a bearish move. EUR/USD still risks a move to 1.041 on a downside break.

USD/CAD: Descending Triangle

USD/CAD, 1 hour    LONG 8 hours ago
A descending triangle emerges and USD/CAD asks for a further steady move as a clue of a breakout. A descending triangle can be thought of as a pattern that can be used to spot that the price to go long once price breaks out. There is a possibility of a bullish push up towards 1.287 on a breakout of the descending triangle.

GBP/USD: Ascending Triangle

GBP/USD, 1 hour    SHORT 8 hours ago
An ascending triangle is recognized, the price breaks out now. An ascending triangle often predicts prices are likely to keep falling downward once price breaks below support. GBP/USD challenges a move to 1.208.

GBP/USD: Ascending Channel

GBP/USD, 1 hour    SHORT 13 hours ago
As we can see an ascending channel is nearing completion, the price is going to break out now. An ascending channel signals an extension in the downward direction in case if price collapses through the support line. GBP/USD could recede towards the 1.205 zone on a breach of 1.21.

USD/CAD: Descending Channel

USD/CAD, 4 hours    LONG 4 days ago
There is a descending channel appearing and USD/CAD asks for a bullish move as an information of a breakout. A descending channel identifies a useful bullish signal that can be used to predict that the price to go long once price breaks out to the the upside. A bullish push up to 1.295 is possible as indicators favor bulls.

USD/CHF: Descending Channel

USD/CHF, 4 hours    LONG 4 days ago
We can see that the price builds a descending channel, the price is close to breaking out. A descending channel indicates a break in the price direction in case if price breaks out to the the upside. USD/CHF to grind higher towards the 0.96 level.

GBP/JPY: Bearish Flag

GBP/JPY, 1 hour    SHORT 8 hours ago
There is a bearish flag spotted. A bearish flag spots the more likely potential of falling prices once price breaks through the support. A bearish run to 164 is likely to happen as the currency pair becomes bearish.

AUD/USD: Rising Wedge

AUD/USD, 1 hour    SHORT 9 hours ago
There is a rising wedge taking place, the price wants a more strong move as an indication of a breakout. Once price breaks out to the the downside, the resulting move could indicate a break during an uptrending market. AUD/USD dives out bullish trendline to the 0.684 level on a breach of 0.6855.

NZD/USD: Ascending Channel

NZD/USD, 1 hour    SHORT 13 hours ago
It seems like an ascending channel takes place and the price requests a next active impulse down to confirm a breakout. In case if price breaks out, the resulting move could indicate that the price to go short. NZD/USD to fall to 0.62 on a downside break.

USD/CHF: Falling Wedge

USD/CHF, 4 hours    LONG 5 days ago
There is a falling wedge determined and USD/CHF calls for an active bullish move as proof of a breakout. A falling wedge results in a trend change to the upside in case if price breaks out. A bullish run towards the 0.96 level is likely.

NZD/USD: Ascending Triangle

NZD/USD, 1 hour    SHORT 8 hours ago
The price completes an ascending triangle. When price breaks below support, the resulting move could signal a further move down. A further bearish price action towards 0.62 is on the way on a breakout of the ascending triangle.

NZD/USD: Bearish Flag

NZD/USD, 1 day    SHORT Jun 15
There is a bearish flag found, the price breaks out soon. If price collapses through the support line, the move could identify reversals in uptrends. NZD/USD to slide to 0.61.
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