Open:
High:
Low:
Close:
ASCENDING CHANNEL
NZD/USD 4H
It looks like an ascending channel emerges and the price is ready to break out now.
An ascending channel is considered to be a chart indicator that often spots that the price to go short if price breaks down.
A move to the 0.582 mark looks possible.
ASCENDING TRIANGLE
USD/JPY
1D
An ascending triangle is very close to being completed, the price lacks a bigger bullish move as a clue of a breakout.
When price breaks out to the the upside, the move could spot that the price will rally further.
Usdjpy to continue higher towards the 163 zone on a upside break.
BULLISH FLAG
AUD/USD
1D
There is a bullish flag identified and the price expects a more active move as evidence of a breakout.
Once price breaks above resistance, the resulting move could identify a next move up.
Audusd risks a move towards the 0.71 zone on a breach of 0.702 amid rising bets for the move.
DESCENDING CHANNEL
GBP/JPY 1H
It seems like gbpjpy creates a descending channel.
When price breaks through the resistance, the move could signal that the price to go up.
There is a probability of a bullish move towards the 218.6 zone as downside pressure mitigates.
RISING WEDGE
GBP/JPY 1D
A rising wedge has been uncovered and the price is ready to break out.
A rising wedge typically predicts that the price to go short in case if price breaks out to the the downside.
Extra downside towards 216 is likely to happen once below 218.
ASCENDING CHANNEL
AUD/USD
1H
There is an ascending channel distinguished and the price breaks out soon.
An ascending channel results in reversals in uptrends once price breaks down.
Audusd opens door for a move to 0.699 on a breakout of the ascending channel.
ASCENDING CHANNEL
AUD/USD
1H
It looks like an ascending channel is close to being done, audusd lacks an active move for clear breakout confirmation.
An ascending channel predicts a bearish price move if price breaks out.
Audusd looks south towards 0.7005 as the currency pair becomes weaker.
PENNANT
EUR/USD
1H
There is a pennant observed and the price is breaking out.
Once price breaks out, the move could identify the bulls have run out of steam.
There is a possibility of a bearish continuation to the 1.141 level as eurusd keeps the bid tone.
RISING WEDGE
AUD/USD
1H
There is a rising wedge emerging, the price requests a further active move as a signal of a breakdown.
A rising wedge indicates that the price to go short when price breaks below support.
Audusd turns bearish to the 0.7 level.
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