Open:
High:
Low:
Close:
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: 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.
GBP/USD: Ascending Triangle
GBP/USD,
1 day
LONG
Feb 14
An ascending triangle has been diagnosed.
An ascending triangle is said to depict a specific bullish price formation that spots a sharp rise in case if price breaks out.
GBP/USD to have better chances of advancing towards 1.26 as the currency pair becomes bid.
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.
GBP/JPY: Descending Channel
GBP/JPY,
1 day
LONG
Feb 19
The price shapes a descending channel, the price is about to break out soon.
A descending channel signals that the price to go long if price breaks above resistance.
GBP/JPY to look for a further push towards 194.
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.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Dec 11
An ascending channel has been distinguished and the price is ready to break out.
An ascending channel depicts a chart pattern that is used to spot price reversal after a pause in case if price breaks below support.
EUR/USD set to plunge towards 1.045 as upside pressure seen easing.
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.