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/JPY: Descending Channel
GBP/JPY,
1 day LONG
Mar 5
20251020Feb1020Mar1020184185186187188189190191192193194195196197198199200↓ resistance ↓↑ support ↑breakoutPatterns.ccGBP/JPY · 1D · 5 Mar 2025
There is a descending channel noticed, the price breaks out.
A descending channel is a reliable pattern that is used to spot that the price to go up once price breaks through the resistance.
GBP/JPY is bullish and en route to the 192 mark as the currency pair becomes bullish.
USD/JPY: Ascending Triangle
USD/JPY,
1 hour LONG
Mar 19
12:00171812:001912:00148.0148.2148.4148.6148.8149.0149.2149.4149.6149.8150.0150.2150.4150.6150.8151.0↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/JPY · 1H · 19 Mar 2024
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.
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/CHF: Descending Channel
USD/CHF,
1 day SHORT
Feb 15
102020251020Feb1020Mar100.8700.8750.8800.8850.8900.8950.9000.9050.9100.9150.9200.925↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/CHF · 1D · 15 Feb 2025
A descending channel materializes.
A descending channel depicts a chart formation that can be used to identify an extension in the downward direction if price collapses through the support line.
USD/CHF to plummet to 0.895 on a breakdown of the descending channel as the currency pair looks offered.
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.
It seems like an ascending triangle happens.
An ascending triangle often predicts extending an downtrend when price breakdown occurs.
USD/JPY to suffer a steeper decline to 149.6 on a breakout of the ascending triangle.
EUR/USD: Descending Channel
EUR/USD,
1 hour LONG
Aug 2
3112:00Aug12:00 212:00 4 512:001.0761.0781.0801.0821.0841.0861.0881.0901.0921.0941.0961.0981.1001.102↓ resistance ↓↑ support ↑breakoutPatterns.ccEUR/USD · 1H · 2 Aug 2024
A descending channel has been discovered, EUR/USD requests a move as a clue of a breakout.
A descending channel is said to depict a technical formation that has a downward slope that can be used to signal a potential reversal in price action in case if price breaks above resistance.
EUR/USD to move up towards 1.084 once beyond 1.0815.
12:00151612:001712:001812:001912:00152.5153.0153.5154.0154.5155.0155.5156.0156.5157.0157.5158.0↓ resistance ↓↑ support ↑breakoutPatterns.ccUSD/JPY · 1H · 18 Dec 2024
It looks like a descending channel is observed.
A descending channel suggests a compelling indicator that can be used to predict that the price to go up if price breaks through the resistance.
A bullish push up towards the 154.2 level is on the way once beyond 154 as minor hurdle remains at 154.
A descending triangle is diagnosed.
A descending triangle can be thought of as a specific signal that is used to signal a further move down if price breaks out.
EUR/USD looks for a setback to 1.07 once below 1.0704.
An ascending triangle is almost finished, NZD/USD asks for more steady fall as a clue of a breakout.
An ascending triangle signals the bulls have run out of steam if price breaks down.
A further bearish push down towards 0.619 looks possible on a breakout of the ascending triangle as NZD/USD becomes weak.
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