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NZD/USD: Bullish Flag

NZD/USD, 1 hour    LONG Sep 18
151612:001712:001812:000.6150.6160.6170.6180.6190.6200.6210.6220.6230.6240.6250.6260.627↓ resistance ↓↑ support ↑breakoutNZD/USD · 1H · 18 Sep 2024
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.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Dec 30
242526272930311.0341.0351.0361.0371.0381.0391.0401.0411.0421.0431.0441.0451.046↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 30 Dec 2024
It looks like the price creates an ascending channel. An ascending channel is said to depict a reliable chart signal that signals a bullish-to-bearish trend reversal once price breaks down. There is a possibility of a bearish continuation towards 1.042 on a downside break.

NZD/USD: Ascending Channel

NZD/USD, 1 hour    SHORT May 11
912:001012:001112:00120.6240.6250.6260.6270.6280.6290.6300.6310.6320.6330.6340.6350.6360.6370.6380.6390.640↓ resistance ↓↑ support ↑breakoutNZD/USD · 1H · 11 May 2023
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.

GBP/USD: Bearish Flag

GBP/USD, 1 hour    SHORT Mar 27
12:002712:00281.25801.25851.25901.25951.26001.26051.26101.26151.26201.26251.26301.26351.26401.26451.26501.26551.26601.26651.2670↓ resistance ↓↑ support ↑breakoutGBP/USD · 1H · 27 Mar 2024
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: Bullish Flag

USD/CHF, 1 hour    LONG Nov 9
712:00 812:00 912:00100.89600.89650.89700.89750.89800.89850.89900.89950.90000.90050.90100.90150.90200.90250.90300.90350.90400.90450.9050↓ resistance ↓↑ support ↑breakoutUSD/CHF · 1H · 9 Nov 2023
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.

USD/JPY: Rising Wedge

USD/JPY, 1 hour    SHORT Dec 7
12:00 612:00 712:00144.0144.2144.4144.6144.8145.0145.2145.4145.6145.8146.0146.2146.4146.6146.8147.0147.2147.4147.6147.8148.0↓ resistance ↓↑ support ↑breakoutUSD/JPY · 1H · 7 Dec 2023
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.

USD/CHF: Rising Wedge

USD/CHF, 1 hour    SHORT Nov 13
912:001012:00121312:001412:000.8920.8930.8940.8950.8960.8970.8980.8990.9000.9010.9020.9030.9040.9050.906↓ resistance ↓↑ support ↑breakoutUSD/CHF · 1H · 13 Nov 2023
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/CHF: Rectangle

USD/CHF, 1 hour    LONG Nov 6
12:00 512:00 612:000.8600.8610.8620.8630.8640.8650.8660.8670.8680.8690.8700.8710.8720.8730.8740.8750.8760.8770.878↓ resistance ↓↑ support ↑breakoutUSD/CHF · 1H · 6 Nov 2024
A rectangle is revealed and the price is about to break out. A rectangle is considered to be a reliable bullish price action formation that signals a next move up if price breaks above resistance. USD/CHF advances higher to the 0.865 mark on a breach of 0.8644.

USD/JPY: Bearish Flag

USD/JPY, 1 hour    SHORT Jun 3
3012:003112:00Jun 312:00 4154.6154.8155.0155.2155.4155.6155.8156.0156.2156.4156.6156.8157.0157.2157.4157.6157.8158.0↓ resistance ↓↑ support ↑breakoutUSD/JPY · 1H · 3 Jun 2024
There is a bearish flag forming, the price is ready to break out. A bearish flag signals a break in the price direction once price breaks through the support. It is possible that a bearish move to the 156.8 level will form on impulse below 156.9.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Jan 30
2812:002912:003012:003112:00Feb1.0221.0241.0261.0281.0301.0321.0341.0361.0381.0401.0421.0441.0461.0481.050↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 30 Jan 2025
There is an ascending channel developing, the price is ready to break out now. An ascending channel is believed to be a reliable bearish price action signal that often spots a bearish move in case if price breaks below support. EUR/USD set to lose more ground to the 1.038 level.

GBP/USD: Ascending Channel

GBP/USD, 1 hour    SHORT Dec 18
12:001712:001812:001.2561.2571.2581.2591.2601.2611.2621.2631.2641.2651.2661.2671.2681.2691.2701.2711.2721.2731.274↓ resistance ↓↑ support ↑breakoutGBP/USD · 1H · 18 Dec 2024
There is an ascending channel distinguished, the price calls for a steady bearish continuation for the certainty of breakdown. An ascending channel is considered to be a specific chart signal that can be used to indicate a bearish price move once price breaks below support. It is possible that extra downside towards 1.269 will be made while lower than 1.2696 as GBP/USD becomes weak.

NZD/USD: Descending Channel

NZD/USD, 4 hours    LONG 5 days ago
162025Apr0.5640.5660.5680.5700.5720.5740.5760.5780.5800.5820.5840.586↓ resistance ↓↑ support ↑breakoutNZD/USD · 4H · 2 Apr 2025
As we can see a descending channel materializes. A descending channel is believed to be a reliable signal that can be used to signal a sharp rise if price breaks through the resistance. NZD/USD turns higher to 0.58 as bulls looking for profit.
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