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GBP/JPY: Ascending Channel
GBP/JPY,
1 day
SHORT
Nov 9
It looks like an ascending channel happens, the price wants a further active impulse down as evidence of a breakdown.
An ascending channel is said to depict a bearish pattern with an upward bias that often signals that the price to go short in case if price breaks through the support.
It is possible that extra downside to 196 will occur on impulse below 197.
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.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Jul 26
A rising wedge forms.
In case if price collapses through the support line, the resulting move could spot a bearish price action.
There is a possibility of extra downside towards 1.085 as gains remain capped.
NZD/USD: Ascending Channel
NZD/USD,
1 day
SHORT
Oct 4
It looks like the price completes an ascending channel, the price is ready to break out.
An ascending channel is considered to be a technical chart signal that is used to identify a bearish price move if price breakdown occurs.
NZD/USD to extend the correction lower to the 0.62 mark as the currency pair is at a brink of a bearish breakout.
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.
GBP/USD: Falling Wedge
GBP/USD,
4 hours
LONG
Dec 12
There is a falling wedge noticed and GBP/USD needs a next move as an information of a breakout.
A falling wedge results in a countertrend succeeding the current trend once price breaks out.
GBP/USD to strengthen to 1.26.
NZD/USD: Ascending Channel
NZD/USD,
4 hours
SHORT
Nov 12
The price completes an ascending channel and the price is breaking out.
An ascending channel predicts that the price to go down if price breaks through the support.
It is possible that a bearish push down to the 0.594 level will form while lower than 0.5955.
GBP/USD: Descending Channel
GBP/USD,
1 day
LONG
Feb 23
There is a descending channel noticed and the price is close to breaking out now.
A descending channel provides a specific pattern that is angled down that can be used to spot a breakout higher if price breaks out to the the upside.
GBP/USD to recover bullish potential towards the 1.27 zone once above 1.264 as GBP/USD becomes bullish.
NZD/USD: Bullish Flag
NZD/USD,
1 hour
LONG
Sep 18
There is a bullish flag arising and the price is going to break out.
A bullish flag describes a reliable price formation that often identifies a break in the price direction when price breaks through the resistance.
NZD/USD pushes higher to 0.621 on a breakout of the bullish flag as indicators favor bulls.
NZD/USD: Ascending Channel
NZD/USD,
1 hour
SHORT
May 11
It looks like an ascending channel turns up and the price is ready to break out now.
An ascending channel often results in extending an downtrend if price collapses through the support line.
There is a chance of a bearish run to the 0.633 mark once below 0.6335.