An ascending channel has been distinguished and the price is ready to break out.
An ascending channel depicts a chart pattern that is used to spot price reversal after a pause in case if price breaks below support.
EUR/USD set to plunge towards 1.045 as upside pressure seen easing.
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Mar 28
There is a bearish rectangle spotted and the price requires a more active correction as a verification of a breakdown.
A bearish rectangle is believed to be a useful bearish pattern that typically indicates that the price to go down once price breaks out.
EUR/USD could attempt a move towards 1.0805 as outlook for the currency pair stays negative.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Aug 2
A descending channel has been discovered, EUR/USD requests a move as a clue of a breakout.
A descending channel is said to depict a technical formation that has a downward slope that can be used to signal a potential reversal in price action in case if price breaks above resistance.
EUR/USD to move up towards 1.084 once beyond 1.0815.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
LONG
22 hours ago
There is a descending triangle taking place.
A descending triangle is considered to be a reliable bullish price formation that typically signals that the price to go long when price breaks above resistance.
There is a possibility of a bullish run to the 1.04 mark.
EUR/USD: Descending Triangle
EUR/USD,
1 hour
SHORT
Apr 12
A descending triangle is diagnosed.
A descending triangle can be thought of as a specific signal that is used to signal a further move down if price breaks out.
EUR/USD looks for a setback to 1.07 once below 1.0704.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Nov 13
There is a rectangle observed and the price requests a further bigger bullish continuation as a sign of a breakout.
A rectangle depicts a useful bullish pattern that can be used to predict a sharp rise if price breaks out to the the upside.
EUR/USD pushes higher towards 1.071 on a upside break.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
2 days ago
An ascending channel is diagnosed and the price expects a more bigger move for the certainty of breakdown.
An ascending channel is a bearish chart indicator that signals that the price to go down once price breakdown occurs.
It is likely that a bearish continuation to 1.0485 will occur as EUR/USD is at a brink of a bearish breakout.
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.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Jul 26
A rising wedge forms.
In case if price collapses through the support line, the resulting move could spot a bearish price action.
There is a possibility of extra downside towards 1.085 as gains remain capped.
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.
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.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Oct 12
There is an ascending channel discovered.
When price breaks out to the the downside, the move could indicate a next move down.
It is possible that a bearish run to 1.059 will happen on a breakout of the ascending channel.
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EUR/USD