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AUD/USD: Bearish Flag
AUD/USD,
4 hours
SHORT
Mar 28
There is a bearish flag turning up, AUD/USD calls for a more bigger move as proof of a breakdown.
Once price collapses through the support line, the move could signal that the price to go short.
A rangebound to 0.628 is on the cards on a downside break as the currency pair is at a brink of a bearish breakout.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Jun 7
It looks like EUR/USD builds an ascending channel and EUR/USD needs next fall for clear breakdown confirmation.
An ascending channel typically predicts a countertrend succeeding the current trend in case if price collapses through the support line.
It is not ruled out that a bearish run towards the 1.086 zone will form on a downside break.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Jan 31
It looks like an ascending channel has been identified.
When price breaks through the support, the move could identify a next move down.
It is likely that corrective downside to the 1.24 level will happen on a breakdown of the ascending channel.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Aug 4
A descending channel is close to completion, the price is about to break out now.
A descending channel tends to be a reliable pattern that is angled down that typically predicts that the price to go long in case if price breaks through the resistance.
EUR/USD now looks to the 1.096 level.
NZD/USD: Ascending Channel
NZD/USD,
1 hour
SHORT
Feb 28
It looks like an ascending channel is close to being completed and the price is breaking out.
An ascending channel suggests a reliable bearish price action formation that is used to spot prices are likely to keep falling downward in case if price breaks down.
NZD/USD risks extra losses towards 0.615.
GBP/USD: Ascending Channel
GBP/USD,
1 hour
SHORT
Aug 1
There is an ascending channel materializing and GBP/USD calls for a bigger move for the certainty of breakout.
In case if price breakdown occurs, the move could indicate a bearish price action.
It is possible that a bearish push down to 1.283 will take place.
NZD/USD: Rectangle
NZD/USD,
1 hour
LONG
Aug 4
A rectangle is recognized.
A rectangle often spots the bears have run out of steam if price breaks out.
It is possible that a bullish move towards the 0.61 mark will occur on a breakout of the rectangle.
EUR/USD: Falling Wedge
EUR/USD,
1 hour
LONG
5 days ago
A falling wedge turns up.
A falling wedge is believed to be a useful chart signal that often spots price reversal after a pause if price breaks through the resistance.
There is a chance of a rangebound towards the 1.081 mark on a breakout of the falling wedge as the wind continues blowing in favor of EUR/USD.
USD/JPY: Rectangle
USD/JPY,
1 hour
LONG
Sep 20
We can see that a rectangle is almost done and USD/JPY expects a more bigger move to confirm a breakout.
A rectangle is a specific bullish chart signal that indicates a bullish price action when price breaks out to the the upside.
There is a possibility of a move to 148 on a breakout of the rectangle.
GBP/JPY: Rectangle
GBP/JPY,
1 hour
LONG
Dec 18
There is a rectangle detected and the price is close to breaking out.
A rectangle denotes a bullish price indicator that predicts a sharp rise once price breaks out to the the upside.
There is a probability of a further bullish push up to 195.6 on a breach of 195.5.
USD/CHF: Falling Wedge
USD/CHF,
1 hour
LONG
Sep 10
A falling wedge is almost completed and the price asks for active rise as a signal of a breakout.
A falling wedge provides a compelling price action pattern that is angled down that predicts a change in price direction once price breaks through the resistance.
USD/CHF points to the upside towards the 0.848 zone on a breach of 0.847.
USD/CAD: Pennant
USD/CAD,
1 hour
SHORT
Mar 20
As we can see a pennant has been noticed and the price is breaking out.
If price breaks out, the resulting move could identify that the price to go short.
There is a possibility of a further move towards 1.357 once below 1.3582.