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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.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
30 hours ago
It seems like an ascending channel has been distinguished, GBP/USD wants an active move to confirm a breakout.
If price breaks out to the the downside, the resulting move could indicate a bearish price move.
It is likely that a bearish continuation to 1.262 will be made on impulse below 1.2635 as downtrend may continue.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Sep 6
An ascending channel is close to being done, the price is about to break out.
An ascending channel is a bearish formation with an upward bias that is used to spot that the price to go down in case if price breaks through the support.
It is likely that a rangebound towards 0.6725 will be made while below 0.6728 amid rising bets for the move.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Sep 18
There is a rectangle diagnosed.
A rectangle suggests a compelling price action formation that often predicts a bullish move when price breaks above resistance.
EUR/USD looks north towards 1.115 on a break above 1.1142.
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.
USD/JPY: Bearish Rectangle
USD/JPY,
1 hour
SHORT
Aug 2
There is a bearish rectangle diagnosed.
A bearish rectangle typically spots an extension in the downward direction if price breaks through the support.
USD/JPY could attempt a move towards the 148.5 level.
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,
1 hour
SHORT
Sep 6
There is a rising wedge exposed, the price is close to breaking out.
In case if price breaks below support, the move could spot that the price to go down.
A bearish push down to 0.621 looks likely once below 0.6218.
NZD/USD: Ascending Channel
NZD/USD,
1 hour
SHORT
Oct 21
It looks like an ascending channel is identified, NZD/USD asks for a bigger correction as an indication of a breakout.
If price breaks out, the resulting move could indicate that the price to go down.
NZD/USD now looks to the 0.6065 level.
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.
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.