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AUD/USD: Ascending Triangle
AUD/USD,
4 hours
SHORT
Jan 31
An ascending triangle is found.
An ascending triangle provides a specific chart formation that is used to spot the more likely potential of falling prices when price breaks out.
It is not ruled out that corrective downside to 0.656 will be made.
USD/CAD: Ascending Channel
USD/CAD,
1 hour
SHORT
Mar 6
We can see that an ascending channel is very close to being completed and USD/CAD expects a more strong bearish move as an information of a breakout.
An ascending channel tends to be a bearish chart formation that has an upward slope that often indicates a next move down once price breaks down.
It is likely that a bearish price action towards the 1.357 zone will be made as outlook for USD/CAD stays negative.
GBP/JPY: Bullish Rectangle
GBP/JPY,
1 hour
LONG
May 23
There is a bullish rectangle encountered and the price is going to break out.
A bullish rectangle is said to depict a compelling bullish chart formation that typically signals a next move up once price breaks above resistance.
There is a probability of a bullish push up towards the 172.6 mark.
USD/JPY: Rectangle
USD/JPY,
1 day
SHORT
Nov 29
It looks like a rectangle has been uncovered and USD/JPY needs a bigger correction to confirm a breakout.
A rectangle often results in the more likely potential of falling prices in case if price breakdown occurs.
USD/JPY could attempt a move towards 147 on impulse below 148.2.
USD/CAD: Rectangle
USD/CAD,
1 hour
SHORT
Dec 21
A rectangle develops and the price expects a next bigger move for the certainty of breakout.
A rectangle is said to depict a technical pattern that often signals the more likely potential of falling prices once price breaks through the support.
It is not ruled out that a further bearish push down towards 1.331 will occur.
GBP/JPY: Ascending Channel
GBP/JPY,
1 hour
SHORT
Mar 7
As we can see an ascending channel is close to being completed.
If price breaks below support, the move could indicate that the price to go down.
A bearish move towards 163 is possible as downtrend may continue.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 13
There is a descending channel noticed, the price is going to break out soon.
In case if price breaks out to the the upside, the move could signal a bullish move.
A bullish push up towards 149.6 is probable while above 149.48 as USD/JPY challenges 149.48 hurdle.
USD/JPY: Ascending Channel
USD/JPY,
1 day
SHORT
Nov 18
An ascending channel is recognized.
An ascending channel depicts a technical chart signal that typically predicts price heading to a new direction once price breaks through the support.
USD/JPY targets a move towards the 148 zone on impulse below 150 amid rising bets for the move.
USD/CHF: Ascending Channel
USD/CHF,
1 hour
SHORT
Nov 2
An ascending channel has been identified.
An ascending channel often spots a bearish price action once price breaks out.
There is a chance of a rangebound to the 0.9 zone as USD/CHF sticks to the negative mood.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Jun 1
We can see that USD/JPY completes a descending channel, the price is about to break out.
Once price breaks out, the resulting move could identify a bullish price move.
It is possible that a further bullish continuation towards the 140 zone will take place once above 139.7.
GBP/JPY: Rectangle
GBP/JPY,
1 hour
SHORT
Mar 26
It seems like a rectangle is close to being completed, the price calls for a bearish impulse as proof of a breakdown.
When price breaks through the support, the resulting move could indicate the more likely potential of falling prices.
A further bearish run to the 191.2 level looks probable.
USD/CHF: Rectangle
USD/CHF,
1 hour
SHORT
Nov 14
A rectangle is close to completion and USD/CHF lacks further steady fall as a verification of a breakdown.
A rectangle depicts a bearish indicator that can be used to spot that the price to go down in case if price breaks down.
USD/CHF opens door for a move to the 0.9 mark as USD/CHF is at a brink of a bearish breakout.