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AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
Oct 22
There is an ascending triangle emerging.
An ascending triangle represents a compelling price pattern that is used to signal a further move down if price breaks out.
It is possible that a bearish price action towards 0.649 will be made as audusd nears 0.6492 hurdle.
USD/JPY: Descending Channel
USD/JPY,
1 day
LONG
Sep 25
It looks like the price shapes a descending channel and the price demands a further move as evidence of a breakout.
If price breaks out, the move could predict a move up.
Usdjpy could attempt a move to 149 while above 148.4 as the wind continues blowing in favor of the currency pair.
EUR/USD: Descending Channel
EUR/USD,
1 hour
SHORT
Jul 23
We can see that a descending channel is almost completed.
A descending channel is believed to be a compelling bearish indicator that results in a next move down if price breaks out.
EUR/USD to continue lower towards 1.0875 on a breach of 1.0878.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 13
There is a descending channel noticed, the price is going to break out soon.
In case if price breaks out to the the upside, the move could signal a bullish move.
A bullish push up towards 149.6 is probable while above 149.48 as USD/JPY challenges 149.48 hurdle.
GBP/USD: Descending Channel
GBP/USD,
1 hour
LONG
2 days ago
The price gives a descending channel.
A descending channel typically signals a pause in a downtrending market if price breaks out to the the upside.
Gbpusd looks north to the 1.326 level.
GBP/JPY: Ascending Triangle
GBP/JPY,
1 hour
LONG
Oct 3
There is an ascending triangle poping up, gbpjpy demands a more bullish move for clear breakout confirmation.
An ascending triangle provides a technical signal that often indicates a further move up when price breaks through the resistance.
Gbpjpy to move up towards 198.6.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Oct 20
The price creates an ascending channel and eurusd requires strong fall as an information of a breakdown.
An ascending channel identifies a specific formation with an upward bias that is used to predict an extension in the downward direction if price breaks below support.
It is not ruled out that a bearish run towards the 1.16 level will be made on a breakout of the ascending channel as weakness continues.
GBP/JPY: Descending Channel
GBP/JPY,
1 hour
LONG
Dec 3
A descending channel comes out and the price is ready to break out soon.
A descending channel is considered to be a reliable bullish indicator that is used to predict a change in the prevailing trend if price breaks above resistance.
There is a chance of a bullish push up towards the 190.5 mark on a breakout of the descending channel.
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.
NZD/USD: Ascending Channel
NZD/USD,
4 hours
SHORT
Jun 19
An ascending channel has been identified and the price is ready to break out.
If price breaks through the support, the resulting move could spot an upward trend is nearing its end.
A bearish push down to the 0.6 level is not ruled out on a breach of 0.602.
USD/CAD: Ascending Channel
USD/CAD,
4 hours
SHORT
Nov 26
It looks like an ascending channel is spotted, the price is about to break out.
Once price breaks through the support, the resulting move could signal that the price to go short.
It is possible that decline towards the 1.405 mark will take place as usdcad keeps the bid tone.