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USD/CAD: Falling Wedge

USD/CAD, 1 hour    LONG 3 days ago
A falling wedge has been spotted. If price breaks out, the resulting move could signal a breakout higher. USD/CAD to jump to 1.25.

USD/CAD: Ascending Channel

USD/CAD, 1 day    SHORT Dec 31
It seems like an ascending channel is observed, USD/CAD demands a bigger move as a signal of a breakdown. An ascending channel typically signals a sharp decline once price breaks down. A further bearish continuation to 1.27 is possible.

AUD/USD: Ascending Channel

AUD/USD, 1 hour    SHORT 3 days ago
It seems like the price establishes an ascending channel, the price is breaking out. An ascending channel tends to be a technical formation that typically indicates a change in the prevailing trend when price breaks down. It is possible that a bearish price action towards the 0.722 zone will form on a downside break.

USD/CAD: Rectangle

USD/CAD, 1 hour    LONG 3 days ago
A rectangle develops, the price is ready to break out. If price breaks out, the resulting move could indicate that the price to go up. USD/CAD to move upward towards 1.253 once above 1.252.

USD/CHF: Rising Wedge

USD/CHF, 4 hours    SHORT 3 days ago
There is a rising wedge taking place, USD/CHF needs a more move to confirm a breakout. A rising wedge tends to be a useful price pattern with an upward bias that signals an upward trend is about to reverse into an downward trend in case if price breaks through the support. USD/CHF to increase bearish potential to 0.914 while below 0.9145 as bears seeking a new low.

USD/CAD: Ascending Channel

USD/CAD, 1 day    SHORT Dec 30
The price composes an ascending channel, the price is close to breaking out soon. Once price breaks out, the move could predict a further move down. USD/CAD is at risk of extending its slump towards the 1.27 mark.

GBP/JPY: Rectangle

GBP/JPY, 4 hours    SHORT 3 days ago
We can see that a rectangle has been uncovered. A rectangle typically identifies an extension in the downward direction once price breaks through the support. Corrective downside to the 155.2 zone is not ruled out.

EUR/USD: Symmetrical Triangle

EUR/USD, 1 day    LONG Dec 30
There is a symmetrical triangle determined, the price is ready to break out now. A symmetrical triangle suggests a technical chart indicator that indicates extending an uptrend once price breaks out. There is a chance of a rangebound towards 1.135 once beyond 1.133.

USD/CHF: Descending Triangle

USD/CHF, 1 hour    SHORT 3 days ago
A descending triangle has been distinguished. A descending triangle is considered to be a technical price action indicator that is used to signal a move down once price breaks out to the the downside. USD/CHF risks suffer setback to 0.914 on a breakout of the descending triangle.

USD/CHF: Descending Triangle

USD/CHF, 1 day    SHORT Dec 29
The price composes a descending triangle. A descending triangle can be thought of as a compelling bearish price action pattern that can be used to indicate a bearish price action in case if price breaks through the support. USD/CHF to fall towards the 0.91 level.

USD/CAD: Rectangle

USD/CAD, 1 hour    LONG 2 days ago
There is a rectangle emerging. A rectangle describes a specific bullish pattern that can be used to predict a further move up when price breaks above resistance. USD/CAD points to the upside to the 1.254 level.

USD/CHF: Ascending Channel

USD/CHF, 1 day    SHORT Dec 24
We can see that an ascending channel is almost finished, the price calls for a further impulse down as a verification of a breakdown. An ascending channel indicates a bearish move if price collapses through the support line. USD/CHF is bearish and en route to the 0.915 mark on a breach of 0.918.
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