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: Falling Wedge
EUR/USD,
1 hour
LONG
Oct 22
A falling wedge is diagnosed.
If price breaks through the resistance, the move could spot a further move up.
Eurusd embarks on a bullish correction to the 1.161 mark on a upside break as eurusd resumes the upside.
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
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: Descending Channel
EUR/USD,
4 hours
LONG
Jun 23
EUR/USD forms a descending channel, EUR/USD wants a more steady move to confirm descending channel breakout.
If price breaks above resistance, the resulting move could identify a move up.
There is a chance of a bullish move towards 1.155 on a upside break.
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Oct 21
There is a bearish rectangle found and eurusd requests further push down as proof of a breakout.
A bearish rectangle is believed to be a bearish indicator that often indicates a bearish price move in case if price breaks through the support.
Eurusd tests a move towards the 1.163 level as bears look for entries.
EUR/USD: Rectangle
EUR/USD,
4 hours
LONG
Nov 26
There is a rectangle emerging, the price needs next steady rise as proof of a breakout.
A rectangle tends to be a reliable signal that often predicts a sharp rise when price breaks above resistance.
A bullish price action to the 1.16 mark is about to happen as the currency pair looks bid.
EUR/USD: Ascending Triangle
EUR/USD,
1 hour
LONG
Apr 2
EUR/USD composes an ascending triangle, EUR/USD demands further steady push up for the certainty of breakout.
An ascending triangle denotes a technical price action indicator that often indicates a sharp rise when price breaks above resistance.
It is likely that a further bullish move to the 1.084 mark will be made as the currency pair nears 1.0828 hurdle.
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Mar 4
We can see that a descending channel has been spotted.
A descending channel is said to depict a useful price action pattern that is angled down that can be used to predict a bullish price action in case if price breaks above resistance.
EUR/USD to continue higher towards 1.055 on a breakout of the descending channel as EUR/USD nears 1.05 hurdle.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Nov 14
A descending channel has been uncovered.
A descending channel signals that the price to go long in case if price breaks out.
There is a probability of a bullish price action towards 1.17 on a upside break as the currency pair nears 1.16 hurdle.
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EUR/USD