Open:
High:
Low:
Close:
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
35 hours ago
We can see that a falling wedge appears, the price demands a further strong bullish action for the certainty of breakout.
A falling wedge represents a useful price action signal that is used to identify that the price to go long in case if price breaks out.
Usdchf now looks to 0.801.
GBP/USD: Rectangle
GBP/USD,
1 hour
LONG
2 days ago
A rectangle is revealed, gbpusd requires a more bigger move as an information of a breakout.
A rectangle is considered to be a pattern that results in that the price to go up in case if price breaks through the resistance.
It is not ruled out that a rangebound towards 1.326 will be made while above 1.325.
GBP/JPY: Bullish Rectangle
GBP/JPY,
1 hour
LONG
May 23
There is a bullish rectangle encountered and the price is going to break out.
A bullish rectangle is said to depict a compelling bullish chart formation that typically signals a next move up once price breaks above resistance.
There is a probability of a bullish push up towards the 172.6 mark.
USD/CAD: Ascending Channel
USD/CAD,
1 hour
SHORT
Mar 6
We can see that an ascending channel is very close to being completed and USD/CAD expects a more strong bearish move as an information of a breakout.
An ascending channel tends to be a bearish chart formation that has an upward slope that often indicates a next move down once price breaks down.
It is likely that a bearish price action towards the 1.357 zone will be made as outlook for USD/CAD stays negative.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Oct 21
There is a descending channel appearing.
When price breaks above resistance, the move could spot that the price to go up.
It is not ruled out that a further rangebound towards the 0.794 mark will occur on a breakout of the descending channel.
USD/JPY: Bullish Flag
USD/JPY,
1 hour
LONG
11 hours ago
It seems like a bullish flag is very close to being completed.
A bullish flag is believed to be a price action formation with a downward bias that is used to predict reversals in downtrends if price breaks out to the the upside.
A bullish move towards the 155.4 zone is possible.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
Jan 15
There is a rectangle detected.
A rectangle tends to be a specific bearish chart pattern that indicates a bearish price move when price breaks through the support.
USD/JPY risks a correction towards 157.2 on a breakout of the rectangle.
USD/CHF: Descending Channel
USD/CHF,
1 hour
LONG
Oct 1
Usdchf establishes a descending channel.
A descending channel suggests a reliable bullish chart formation that identifies that the price to go long if price breaks through the resistance.
Usdchf to enjoy a considerable gain to the 0.797 mark on a upside break.
NZD/USD: Descending Triangle
NZD/USD,
1 hour
LONG
Jan 23
It looks like NZD/USD forms a descending triangle and NZD/USD requires an active bullish action to confirm a breakout.
When price breaks out to the the upside, the resulting move could predict that prices are likely to keep rallying upward.
A move to the 0.567 zone is about to happen as the mood may improve.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Nov 14
A descending channel has been uncovered.
A descending channel signals that the price to go long in case if price breaks out.
There is a probability of a bullish price action towards 1.17 on a upside break as the currency pair nears 1.16 hurdle.
USD/CAD: Rectangle
USD/CAD,
1 hour
SHORT
Dec 21
A rectangle develops and the price expects a next bigger move for the certainty of breakout.
A rectangle is said to depict a technical pattern that often signals the more likely potential of falling prices once price breaks through the support.
It is not ruled out that a further bearish push down towards 1.331 will occur.
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.