Open:
High:
Low:
Close:
GBP/USD: Rectangle
GBP/USD,
1 hour
SHORT
Jul 2
We can see that the price establishes a rectangle, the price expects bigger fall as an information of a breakout.
A rectangle identifies extending an downtrend if price breaks down.
GBP/USD to accomodate towards 1.37 as GBP/USD becomes vulnerable.
USD/CHF: Rectangle
USD/CHF,
1 hour
LONG
May 8
There is a rectangle distinguished, the price demands a further steady bullish action as an indication of a breakout.
A rectangle depicts a technical price signal that is used to identify that the price will rally further in case if price breaks out to the the upside.
USD/CHF pushes higher towards the 0.83 level while above 0.828.
NZD/USD: Pennant
NZD/USD,
1 hour
SHORT
Mar 4
It seems like a pennant is close to being done, the price lacks a next bigger move to confirm a breakdown.
A pennant tends to be a compelling price action signal that identifies a sharp decline when price breaks through the support.
It is not ruled out that a bearish push down to 0.6095 will take place as NZD/USD is at a brink of a bearish breakout.
GBP/USD: Descending Channel
GBP/USD,
1 day
LONG
Nov 14
A descending channel is almost finished.
A descending channel represents a technical chart signal that can be used to indicate a pause in a downtrending market if price breaks out.
A rangebound to 1.32 is going to happen on a breakout of the descending channel.
GBP/JPY: Pennant
GBP/JPY,
1 day
LONG
Nov 14
It seems like a pennant has been identified and the price is ready to break out now.
A pennant signals the more likely potential of rising prices when price breaks out.
Gbpjpy looks north towards 206.
USD/CAD: Rectangle
USD/CAD,
4 hours
LONG
Oct 9
There is a rectangle determined, the price breaks out.
A rectangle depicts a compelling bullish chart signal that often identifies an extension in the upward direction if price breaks out.
Usdcad tests a move to the 1.398 level as bulls seeking a new high.
NZD/USD: Symmetrical Triangle
NZD/USD,
1 hour
SHORT
Mar 5
There is a symmetrical triangle distinguished, NZD/USD lacks a further steady bearish action to confirm a breakout.
A symmetrical triangle describes a compelling signal that is used to predict an extension in the downward direction once price collapses through the support line.
NZD/USD risks a move to 0.609 on a breakout of the symmetrical triangle.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Jul 2
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
LONG
Mar 19
There is an ascending triangle turning up, USD/JPY calls for a further bigger move as evidence of a breakout.
An ascending triangle depicts a compelling bullish price action signal that is used to identify a bullish price action when price breaks out.
It is not ruled out that a bullish move towards the 149.4 mark will occur.
USD/CAD: Bullish Rectangle
USD/CAD,
1 hour
LONG
Apr 12
As we can see a bullish rectangle materializes, the price requires a further steady bullish impulse as proof of a breakout.
A bullish rectangle denotes a compelling price action indicator that can be used to indicate that the price will rally further if price breaks out.
There is a chance of a bullish move towards the 1.373 level.
USD/CAD: Ascending Channel
USD/CAD,
1 day
SHORT
Nov 19
There is an ascending channel observed and the price asks for a bigger move to confirm ascending channel breakout.
An ascending channel suggests a reliable bearish chart signal that can be used to spot a move down in case if price breaks out.
It is likely that a move to the 1.395 zone will happen.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Jul 11
There is an ascending channel recognized.
An ascending channel is considered to be a bearish price action indicator that is used to spot a bearish move if price breaks below support.
A bearish continuation towards 161.5 is about to happen as bears seeking a new low.