Open:
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USD/CHF: Ascending Channel
USD/CHF,
1 day
SHORT
Jan 28
An ascending channel forms.
An ascending channel often predicts a bearish move once price breaks through the support.
A further bearish move towards the 0.88 zone looks possible as the currency pair is at a brink of a bearish breakout.
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/CHF: Ascending Channel
USD/CHF,
1 day
SHORT
Feb 6
An ascending channel emerges.
An ascending channel can be thought of as a compelling indicator that often predicts a break during an uptrending market in case if price breaks through the support.
USD/CHF to continue lower to 0.9 as outlook for USD/CHF stays negative.
EUR/USD: Descending Channel
EUR/USD,
1 hour
SHORT
Jul 23
We can see that a descending channel is almost completed.
A descending channel is believed to be a compelling bearish indicator that results in a next move down if price breaks out.
EUR/USD to continue lower towards 1.0875 on a breach of 1.0878.
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.
GBP/JPY: Descending Channel
GBP/JPY,
1 hour
LONG
Dec 3
A descending channel comes out and the price is ready to break out soon.
A descending channel is considered to be a reliable bullish indicator that is used to predict a change in the prevailing trend if price breaks above resistance.
There is a chance of a bullish push up towards the 190.5 mark on a breakout of the descending channel.
NZD/USD: Ascending Channel
NZD/USD,
1 day
SHORT
Apr 5
It seems like NZD/USD forms an ascending channel.
An ascending channel is believed to be a bearish price indicator that signals a bearish move when price breaks out to the the downside.
NZD/USD to suffer a steeper decline towards the 0.565 zone.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Mar 3
There is a descending channel coming out and the price is about to break out now.
When price breaks out, the resulting move could signal a sharp rise.
There is a possibility of a move to 1.05.
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: Rectangle
USD/JPY,
1 day
SHORT
Jan 31
A rectangle turns up.
A rectangle results in the bulls have run out of steam when price breaks down.
A bearish continuation towards 153 is likely to happen on a downside break.
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: Descending Channel
GBP/JPY,
1 hour
LONG
Mar 11
It looks like a descending channel happens.
A descending channel is a bullish indicator that can be used to spot a next move up in case if price breaks out to the the upside.
There is a chance of a further bullish run to 190.5 as GBP/JPY becomes bid.