Open:
High:
Low:
Close:
USD/CHF: Falling Wedge
USD/CHF,
4 hours
LONG
Feb 1
The price gives a falling wedge, the price is about to break out.
A falling wedge denotes an indicator that predicts a temporary interruption during a falling market if price breaks out.
There is a chance of a bullish price action to 0.865.
GBP/JPY: Rectangle
GBP/JPY,
1 hour
SHORT
Jul 27
There is a rectangle spotted.
A rectangle identifies a further move down if price collapses through the support line.
GBP/JPY to move back to 180.8 on a breakout of the rectangle.
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Mar 18
There is a bearish flag occuring and the price is close to breaking out now.
A bearish flag indicates a sharp decline in case if price breakdown occurs.
AUD/USD risks extra losses towards 0.6555.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 2
There is a descending channel determined and USD/JPY lacks a further active impulse up to confirm descending channel breakout.
A descending channel results in a break during a downtrending market when price breaks through the resistance.
USD/JPY could attempt a move towards 146.6 on a breakout of the descending channel.
AUD/USD: Descending Channel
AUD/USD,
1 day
LONG
Nov 3
It seems like a descending channel has been detected.
A descending channel depicts a pattern with a downward bias that can be used to spot that the price to go up if price breaks above resistance.
AUD/USD to surge considerably towards 0.645 as the currency pair becomes bullish.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Mar 20
A descending channel is close to being complete, the price expects a more strong bullish move as a clue of a breakout.
A descending channel is a technical bullish price action signal that signals a pause in a downtrending market when price breaks out to the the upside.
It is likely that a rangebound to the 0.654 level will be made on a breakout of the descending channel amid rising bets for the move.
USD/CHF: Rectangle
USD/CHF,
1 hour
LONG
Mar 5
There is a rectangle coming out, the price is ready to break out.
A rectangle suggests a bullish price action signal that can be used to spot a sharp rise in case if price breaks out.
USD/CHF to surge considerably to 0.886.
USD/CHF: Ascending Triangle
USD/CHF,
1 hour
LONG
Mar 15
There is an ascending triangle recognized and the price is close to breaking out now.
In case if price breaks out, the move could identify a bullish price action.
USD/CHF is bullish and en route towards the 0.918 mark.
EUR/USD: Pennant
EUR/USD,
1 hour
SHORT
Jan 16
A pennant is close to being done.
A pennant often results in extending an downtrend when price breaks down.
EUR/USD risks extra downside towards the 1.094 mark on a breach of 1.0944.
NZD/USD: Rising Wedge
NZD/USD,
4 hours
SHORT
Apr 10
There is a rising wedge taking place and the price requests a move for the certainty of breakdown.
A rising wedge typically predicts a further move down when price breaks out to the the downside.
A bearish push down to 0.604 is probable on a breakout of the rising wedge.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Jul 12
There is a bullish flag materializing.
A bullish flag identifies a specific bullish price pattern with a downward bias that often signals a move up once price breaks above resistance.
A bullish continuation to 1.103 looks likely on a breach of 1.1018.
USD/CAD: Descending Channel
USD/CAD,
1 hour
LONG
Feb 13
There is a descending channel occuring, the price is ready to break out.
A descending channel typically signals a bullish price action in case if price breaks out to the the upside.
USD/CAD to maintain its positive tone to the 1.347 zone on a breakout of the descending channel as USD/CAD is at a brink of a bullish breakout.