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NZD/USD: Symmetrical Triangle

NZD/USD, 1 hour    SHORT Mar 5
3 412:00 50.60700.60750.60800.60850.60900.60950.61000.61050.61100.6115↓ resistance ↓↑ support ↑breakoutNZD/USD · 1H · 5 Mar 2024
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 ↑breakoutGBP/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 ↑breakoutUSD/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.

USD/CAD: Bullish Rectangle

USD/CAD, 1 hour    LONG Apr 12
12:001112:001212:001.3541.3561.3581.3601.3621.3641.3661.3681.3701.3721.3741.3761.3781.380↓ resistance ↓↑ support ↑breakoutUSD/CAD · 1H · 12 Apr 2024
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 ↑breakoutUSD/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.

USD/JPY: Ascending Channel

USD/JPY, 1 hour    SHORT Jul 11
912:001012:001112:00157.0157.5158.0158.5159.0159.5160.0160.5161.0161.5162.0↓ resistance ↓↑ support ↑breakoutUSD/JPY · 1H · 11 Jul 2024
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.

USD/JPY: Ascending Triangle

USD/JPY, 1 hour    SHORT 2 days ago
12:00Apr12:00 212:00148.0148.2148.4148.6148.8149.0149.2149.4149.6149.8150.0150.2150.4150.6↓ resistance ↓↑ support ↑breakoutUSD/JPY · 1H · 2 Apr 2025
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 ↑breakoutEUR/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.

EUR/USD: Descending Triangle

EUR/USD, 1 hour    LONG 2 days ago
Apr12:00 212:001.0761.0771.0781.0791.0801.0811.0821.0831.0841.0851.0861.0871.0881.0891.0901.0911.0921.0931.094↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 2 Apr 2025

USD/JPY: Descending Channel

USD/JPY, 1 hour    LONG Dec 18
12:00151612:001712:001812:001912:00152.5153.0153.5154.0154.5155.0155.5156.0156.5157.0157.5158.0↓ resistance ↓↑ support ↑breakoutUSD/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.

EUR/USD: Descending Triangle

EUR/USD, 1 hour    SHORT Apr 12
12:001112:001212:001.0621.0641.0661.0681.0701.0721.0741.0761.0781.0801.0821.0841.0861.088↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 12 Apr 2024
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.

NZD/USD: Ascending Triangle

NZD/USD, 1 hour    SHORT Jul 26
12:00232412:002512:002612:002712:000.6150.6160.6170.6180.6190.6200.6210.6220.6230.6240.6250.6260.6270.628↓ resistance ↓↑ support ↑breakoutNZD/USD · 1H · 26 Jul 2023
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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