Open:
High:
Low:
Close:
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
Jul 6
A rectangle materializes.
When price breaks out to the the downside, the move could indicate a next move down.
USD/JPY looks for a setback towards 144 while below 144.1 as the currency pair becomes under pressure.
NZD/USD: Descending Channel
NZD/USD,
1 hour
LONG
Mar 5
A descending channel has been discovered and the price asks for a bit more consolidation for clear breakout confirmation.
In case if price breaks out to the the upside, the move could predict a bullish price move.
NZD/USD pushes higher towards 0.611 as the currency pair nears 0.6104 hurdle.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Oct 12
There is an ascending channel discovered.
When price breaks out to the the downside, the move could indicate a next move down.
It is possible that a bearish run to 1.059 will happen on a breakout of the ascending channel.
NZD/USD: Rising Wedge
NZD/USD,
1 hour
SHORT
Jun 27
There is a rising wedge recognized, the price is going to break out.
A rising wedge tends to be a reliable chart signal that can be used to spot a move down when price breaks through the support.
There is a probability of decline to 0.616.
GBP/USD: Symmetrical Triangle
GBP/USD,
1 hour
SHORT
2 days ago
The price establishes a symmetrical triangle, GBP/USD asks for a next steady move as a clue of a breakout.
When price breaks below support, the resulting move could identify a move down.
It is not ruled out that a further bearish price action to 1.253 will occur on a breach of 1.2536.
GBP/JPY: Symmetrical Triangle
GBP/JPY,
1 hour
SHORT
Dec 6
As we can see a symmetrical triangle is close to being finished, the price demands a further bigger move as a verification of a breakout.
A symmetrical triangle identifies a compelling bearish price formation that often identifies a bearish price move when price collapses through the support line.
GBP/JPY to continue lower towards 185 as GBP/JPY becomes under pressure.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
Nov 14
As we can see an ascending triangle turns up, EUR/USD requests a bigger move for the certainty of breakout.
An ascending triangle is believed to be a specific bullish price indicator that identifies that the price to go long once price breaks through the resistance.
There is a probability of a rangebound towards the 1.072 zone as EUR/USD is at a brink of a bullish breakout.
GBP/JPY: Rising Wedge
GBP/JPY,
1 hour
SHORT
Apr 12
We can see that a rising wedge takes place, the price requires a strong move as a clue of a breakout.
In case if price breaks out to the the downside, the resulting move could signal the bulls have run out of steam.
It is not ruled out that a bearish move to 192 will occur on a breakout of the rising wedge.
GBP/JPY: Ascending Triangle
GBP/JPY,
1 hour
SHORT
Dec 13
An ascending triangle occurs and GBP/JPY demands a further strong move for the certainty of breakout.
An ascending triangle tends to be a technical bearish signal that spots a bearish move in case if price collapses through the support line.
GBP/JPY challenges a move to the 182.4 level.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
2 days ago
It looks like an ascending triangle emerges.
An ascending triangle identifies a reliable bearish price action indicator that spots a further move down if price breaks below support.
A further bearish move to the 0.655 mark is likely to happen.
GBP/USD: Descending Channel
GBP/USD,
4 hours
LONG
Apr 24
There is a descending channel coming out, the price requires a bullish impulse for the certainty of breakout.
A descending channel typically indicates a bullish price action when price breaks through the resistance.
GBP/USD to move upward to the 1.25 mark on a breakout of the descending channel as GBP/USD looks bid.
USD/CAD: Descending Triangle
USD/CAD,
1 hour
LONG
Apr 25
We can see that a descending triangle is observed and the price asks for a further move as a clue of a breakout.
A descending triangle denotes a useful chart formation that is used to signal that the price to go up in case if price breaks out.
USD/CAD risks a move to the 1.355 zone on a break above 1.3538.