Open:
High:
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Close:
USD/JPY: Descending Triangle
USD/JPY,
1 hour
LONG
Mar 26
A descending triangle has been spotted, the price is close to breaking out now.
A descending triangle depicts a useful signal that results in a sharp rise if price breaks above resistance.
USD/JPY to prolong the growth phase towards 151.4.
NZD/USD: Rising Wedge
NZD/USD,
4 hours
SHORT
Apr 10
There is a rising wedge taking place and the price requests a move for the certainty of breakdown.
A rising wedge typically predicts a further move down when price breaks out to the the downside.
A bearish push down to 0.604 is probable on a breakout of the rising wedge.
GBP/USD: Descending Channel
GBP/USD,
1 hour
LONG
Dec 13
A descending channel has been exposed and GBP/USD demands a bigger move to confirm descending channel breakout.
A descending channel denotes a technical indicator that is used to identify a temporary interruption during a falling market when price breaks above resistance.
GBP/USD to move upward towards the 1.258 level on impulse above 1.256.
GBP/USD: Descending Channel
GBP/USD,
4 hours
LONG
Apr 23
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Jul 6
A bullish flag has been recognized.
A bullish flag tends to be a price action indicator that often results in a potential bullish reversal in price action in case if price breaks out.
EUR/USD is bullish and en route to 1.09 on a breakout of the bullish flag.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Dec 13
There is a descending triangle coming out, the price expects a next active move to confirm a breakout.
A descending triangle describes a bullish chart formation that is used to indicate that the price to go up when price breaks above resistance.
AUD/USD does not rule out a move to 0.658 on a breakout of the descending triangle as AUD/USD nears 0.6565 hurdle.
GBP/USD: Bearish Flag
GBP/USD,
4 hours
SHORT
Jan 11
GBP/USD sets up a bearish flag.
A bearish flag suggests a useful bearish pattern that typically identifies extending an downtrend if price breaks through the support.
GBP/USD could extend its slump to the 1.265 zone.
GBP/JPY: Ascending Triangle
GBP/JPY,
1 hour
LONG
Feb 21
It looks like an ascending triangle is almost done.
If price breaks through the resistance, the move could indicate that prices are likely to keep rallying upward.
A bullish move towards the 189.7 zone is on the cards on a upside break.
GBP/USD: Rectangle
GBP/USD,
4 hours
LONG
Mar 5
There is a rectangle noticed and GBP/USD expects a further active move as evidence of a breakout.
A rectangle is considered to be a useful price formation that is used to predict a next move up when price breaks out to the the upside.
It is possible that a further bullish run to the 1.272 zone will form.
USD/JPY: Descending Channel
USD/JPY,
4 hours
LONG
Apr 8
USD/CHF: Pennant
USD/CHF,
1 day
LONG
Mar 19
It seems like USD/CHF shapes a pennant.
A pennant denotes a technical bullish price action pattern that is used to predict a bullish price move once price breaks through the resistance.
USD/CHF to surge considerably towards 0.89 on a break above 0.886.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Sep 20
An ascending channel appears and USD/JPY demands a more strong move for the certainty of breakout.
An ascending channel indicates a move down if price breaks below support.
A bearish continuation towards 147.6 is probable.