Open:
High:
Low:
Close:
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.
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: 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.
USD/CHF: Bullish Flag
USD/CHF,
1 hour
LONG
Nov 9
There is a bullish flag exposed.
When price breaks out, the resulting move could predict a next move up.
USD/CHF does not rule out a move to the 0.901 level.
GBP/USD: Bearish Flag
GBP/USD,
1 hour
SHORT
Mar 27
GBP/USD gives a bearish flag, GBP/USD wants more push down as an information of a breakdown.
A bearish flag represents a specific bearish signal that can be used to signal a further move down in case if price breaks out to the the downside.
GBP/USD to slump towards the 1.2615 zone on a break below 1.2618.
USD/CHF: Rising Wedge
USD/CHF,
1 hour
SHORT
Nov 13
The price shapes a rising wedge, USD/CHF lacks a further steady move as a sign of a breakout.
A rising wedge is considered to be a specific pattern that is used to signal a bearish move when price breaks out to the the downside.
USD/CHF to head to 0.901 as bearish momentum increases.
USD/JPY: Rising Wedge
USD/JPY,
1 hour
SHORT
Dec 7
There is a rising wedge detected.
A rising wedge provides a pattern that has an upward slope that is used to signal reversals in uptrends once price breakdown occurs.
USD/JPY does not rule out a move towards 147.1 on a downside break amid USD/JPY recedes from recent highs.
AUD/USD: Bearish Flag
AUD/USD,
1 day
SHORT
Mar 20
A bearish flag is nearing completion, the price asks for a next strong move for the certainty of breakdown.
A bearish flag denotes a compelling bearish price action signal that results in that the price to go short if price breaks down.
There is a probability of a bearish run to 0.65 on a breakdown of the bearish flag as extra rangebound not ruled out.
GBP/USD: Descending Channel
GBP/USD,
1 day
LONG
Feb 23
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Aug 4
A descending channel is close to completion, the price is about to break out now.
A descending channel tends to be a reliable pattern that is angled down that typically predicts that the price to go long in case if price breaks through the resistance.
EUR/USD now looks to the 1.096 level.
NZD/USD: Ascending Channel
NZD/USD,
1 hour
SHORT
Feb 28
It looks like an ascending channel is close to being completed and the price is breaking out.
An ascending channel suggests a reliable bearish price action formation that is used to spot prices are likely to keep falling downward in case if price breaks down.
NZD/USD risks extra losses towards 0.615.
NZD/USD: Rectangle
NZD/USD,
1 hour
LONG
Aug 4
A rectangle is recognized.
A rectangle often spots the bears have run out of steam if price breaks out.
It is possible that a bullish move towards the 0.61 mark will occur on a breakout of the rectangle.