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NZD/USD: Ascending Triangle
NZD/USD,
1 hour
SHORT
Jul 26
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.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
22 hours ago
A descending channel is almost done and usdchf calls for an active move as an indication of a breakout.
A descending channel represents a pattern that results in a further move up if price breaks out.
Usdchf to increase bullish potential towards 0.802.
GBP/USD: Rising Wedge
GBP/USD,
4 hours
SHORT
Oct 20
As we can see a rising wedge is very close to being completed, the price is breaking out.
A rising wedge spots that the price to go short once price breaks below support.
Gbpusd turns lower to 1.34 on a breach of 1.343 as sell-off may continue.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Nov 13
There is a rectangle observed and the price requests a further bigger bullish continuation as a sign of a breakout.
A rectangle depicts a useful bullish pattern that can be used to predict a sharp rise if price breaks out to the the upside.
EUR/USD pushes higher towards 1.071 on a upside break.
AUD/USD: Descending Triangle
AUD/USD,
1 day
LONG
Nov 27
There is a descending triangle forming.
In case if price breaks through the resistance, the resulting move could identify a bullish price action.
It is likely that a bullish price action towards the 0.655 zone will take place as there is a chance for a upside correction.
USD/CAD: Ascending Channel
USD/CAD,
1 hour
SHORT
Oct 21
There is an ascending channel materializing.
In case if price breaks out to the the downside, the move could predict a bearish move.
Usdcad is at risk of extending its slump to the 1.401 level while lower than 1.4018.
USD/CHF: Ascending Channel
USD/CHF,
4 hours
SHORT
Oct 14
There is an ascending channel exposed.
An ascending channel is considered to be a compelling bearish price action indicator that results in a bearish move in case if price breaks below support.
There is a possibility of a bearish price action to 0.802.
GBP/JPY: Descending Triangle
GBP/JPY,
1 hour
LONG
Mar 19
There is a descending triangle encountered and GBP/JPY asks for a bit more consolidation as a verification of a breakout.
A descending triangle tends to be a useful price action indicator that is used to predict an extension in the upward direction when price breaks through the resistance.
It is not ruled out that a bullish move towards the 190 level will form on a breakout of the descending triangle.
GBP/JPY: Rectangle
GBP/JPY,
1 hour
LONG
Mar 3
A rectangle has been detected and the price asks for a more strong impulse up to confirm rectangle breakout.
A rectangle tends to be a technical bullish chart signal that typically predicts a bullish price move if price breaks out.
GBP/JPY does not rule out a move to the 190.5 mark.
GBP/JPY: Rectangle
GBP/JPY,
1 hour
LONG
May 25
It seems like GBP/JPY shapes a rectangle, the price is about to break out.
A rectangle is a specific bullish indicator that often spots the bears have run out of steam once price breaks through the resistance.
GBP/JPY to strengthen to 172.8.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Jun 23
EUR/USD forms a descending channel, EUR/USD wants a more steady move to confirm descending channel breakout.
If price breaks above resistance, the resulting move could identify a move up.
There is a chance of a bullish move towards 1.155 on a upside break.
GBP/USD: Bearish Rectangle
GBP/USD,
1 hour
SHORT
Apr 12
As we can see the price forms a bearish rectangle, GBP/USD wants a next bearish action for clear breakout confirmation.
A bearish rectangle is believed to be a technical bearish price pattern that predicts prices are likely to keep falling downward if price breaks out to the the downside.
Decline towards 1.25 looks likely while lower than 1.2515.