Open:
High:
Low:
Close:
ASCENDING CHANNEL
AUD/USD
4H
There is an ascending channel appearing, the price demands a further active impulse down to confirm ascending channel breakdown.
Once price breakdown occurs, the resulting move could spot a change in the prevailing trend.
Decline towards the 0.662 level stays on the cards as the mood may get worse.
ASCENDING TRIANGLE
EUR/USD
1D
It seems like an ascending triangle takes place, the price is ready to break out.
An ascending triangle identifies a formation that often predicts the bears have run out of steam once price breaks out.
A further bullish continuation towards 1.175 is about to happen on a breakout of the ascending triangle amid the currency pair reclaims part of the ground lost.
PENNANT
USD/CHF
1D
There is a pennant encountered and the price needs a more move as a sign of a breakdown.
A pennant is said to depict a useful bearish price action pattern that is used to predict the bulls have run out of steam once price breakdown occurs.
Usdchf to continue lower towards the 0.795 mark on a breakdown of the pennant.
ASCENDING TRIANGLE
GBP/JPY 1H
There is an ascending triangle materializing.
An ascending triangle typically indicates an extension in the downward direction when price breaks below support.
Gbpjpy set to fall to 208.4 as indicators favor bears.
ASCENDING CHANNEL
USD/JPY
4H
There is an ascending channel materializing.
An ascending channel is a specific bearish signal that results in that the price to go down in case if price breaks below support.
There is a probability of a bearish move towards 155.5.
ASCENDING CHANNEL
USD/CHF
4H
There is an ascending channel diagnosed, usdchf asks for a next bigger bearish continuation as a sign of a breakout.
An ascending channel often predicts a bearish price move if price collapses through the support line.
Usdchf now looks to 0.798.
ASCENDING TRIANGLE
GBP/USD
1H
It looks like the price composes an ascending triangle, the price is ready to break out soon.
An ascending triangle often results in a move up when price breaks out.
Gbpusd to head towards 1.336.
RECTANGLE
AUD/USD
1H
A rectangle has been discovered, the price is about to break out soon.
A rectangle provides a reliable bullish price formation that is used to signal the more likely potential of rising prices once price breaks out.
It is not ruled out that a move to the 0.666 mark will be made as the currency pair nears 0.6655 hurdle.
RECTANGLE
NZD/USD 1H
A rectangle has been discovered.
A rectangle identifies a useful price indicator that typically identifies a bullish move when price breaks out.
There is a probability of a bullish move towards 0.5795 as the currency pair is at a brink of a bullish breakout.
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