Open:
High:
Low:
Close:
FALLING WEDGE
USD/CHF
1H
A falling wedge is close to completion and the price is going to break out.
A falling wedge can be thought of as a compelling indicator that can be used to signal that the price to go long once price breaks out to the the upside.
There is a possibility of a bullish run to 0.794 as the wind continues blowing in favor of the currency pair.
PENNANT
USD/CAD 1H
A pennant emerges, the price is close to breaking out soon.
A pennant is said to depict a specific pattern that can be used to signal a sharp rise when price breaks out to the the upside.
Usdcad to resume its rise to the 1.384 zone on a break above 1.384 as usdcad resumes the upside.
ASCENDING TRIANGLE
USD/JPY
1H
An ascending triangle is very close to being finished, the price needs a further steady impulse down for clear breakdown confirmation.
An ascending triangle depicts a specific bearish indicator that is used to spot a further move down if price breaks below support.
Usdjpy could extend its slump towards 157.8.
DESCENDING CHANNEL
AUD/USD
1H
There is a descending channel encountered and the price wants a next steady bullish continuation as proof of a breakout.
A descending channel can be thought of as a compelling signal that often predicts extending an uptrend if price breaks through the resistance.
It is possible that a bullish run towards 0.675 will form as the wind continues blowing in favor of the currency pair.
SYMMETRICAL TRIANGLE
USD/JPY
1H
There is a symmetrical triangle distinguished.
A symmetrical triangle typically identifies a bullish price action if price breaks above resistance.
There is a possibility of a rangebound towards 158.4 on a breakout of the symmetrical triangle as usdjpy nears 158.25 hurdle.
DESCENDING CHANNEL
USD/CAD 1H
A descending channel has been determined.
When price breaks above resistance, the move could indicate a further move up.
Usdcad to peak to the 1.386 zone as downside pressure alleviates.
ASCENDING TRIANGLE
AUD/USD
1H
There is an ascending triangle arising and audusd requests a next active bearish continuation to confirm a breakdown.
An ascending triangle depicts a bearish chart pattern that can be used to spot an extension in the downward direction in case if price collapses through the support line.
A bearish push down towards 0.672 is likely to happen.
DESCENDING CHANNEL
AUD/USD
1H
There is a descending channel happening and the price breaks out.
A descending channel denotes a technical chart signal that is used to predict that prices are likely to keep rallying upward if price breaks above resistance.
A bullish price action to 0.675 stays on the cards as weakness seen overdone.
BULLISH FLAG
NZD/USD 1D
A bullish flag turns up, nzdusd lacks a bigger bullish impulse as an information of a breakout.
When price breaks out to the the upside, the move could predict extending an uptrend.
There is a possibility of a bullish move to 0.584 on a breakout of the bullish flag.
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