Open:
High:
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Close:
ASCENDING CHANNEL
AUD/USD
1H
We can see that an ascending channel happens, the price is breaking out.
An ascending channel provides a reliable bearish price pattern that is used to identify a sharp decline if price breakdown occurs.
Audusd now looks to the 0.714 zone while below 0.7145 as minor hurdle remains at 0.7145.
DESCENDING TRIANGLE
NZD/USD 1H
It looks like a descending triangle takes place.
A descending triangle identifies a next move down if price breakdown occurs.
Nzdusd accelerates losses to 0.59.
DESCENDING TRIANGLE
GBP/USD
1H
It looks like a descending triangle is close to being done and the price is close to breaking out.
A descending triangle is said to depict a useful price signal that typically identifies an extension in the downward direction when price collapses through the support line.
There is a chance of a bearish price action to the 1.34 mark.
ASCENDING CHANNEL
AUD/USD
1H
There is an ascending channel recognized, the price needs a more strong bearish impulse as a clue of a breakout.
An ascending channel predicts prices are likely to keep falling downward when price breaks below support.
There is a chance of a bearish run towards the 0.714 level as gains remain capped.
SYMMETRICAL TRIANGLE
USD/CAD 1H
A symmetrical triangle is very close to being completed.
A symmetrical triangle depicts a reliable bullish chart signal that can be used to spot that the price to go up when price breaks through the resistance.
Usdcad to move up to 1.358.
RECTANGLE
USD/CHF
1H
There is a rectangle turning up, the price is ready to break out now.
A rectangle signals that the price to go up in case if price breaks out to the the upside.
A move to the 0.78 mark is about to happen.
DESCENDING TRIANGLE
EUR/USD
1H
It looks like a descending triangle has been revealed, eurusd wants a bigger move as a sign of a breakout.
When price breaks out to the the downside, the move could indicate a bearish price action.
Eurusd to accomodate towards 1.16 on a downside break as there is a chance of further weakness.
RECTANGLE
USD/JPY
1H
A rectangle is close to being finished, the price expects a more move as an indication of a breakout.
A rectangle is believed to be a useful bullish chart formation that can be used to identify an extension in the upward direction if price breaks above resistance.
Usdjpy hints a change to the upside to 158.6 as bullish momentum increases.
ASCENDING TRIANGLE
NZD/USD 1H
There is an ascending triangle distinguished, nzdusd wants a next strong bearish move for clear breakdown confirmation.
An ascending triangle is believed to be a useful bearish formation that predicts extending an downtrend once price breaks down.
A bearish push down towards the 0.592 zone is on the way on a breach of 0.5928.
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