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
2 days ago
It seems like a falling wedge is almost finished and the price calls for a bigger bullish continuation as a sign of a breakout.
A falling wedge represents a reliable bullish chart pattern that typically results in a bullish move when price breaks out to the the upside.
There is a possibility of a further bullish continuation to the 1.03 level as weakness seen overdone.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
45 hours ago
We can see that a rectangle is very close to being completed, EUR/USD wants next steady push up as an information of a breakout.
Once price breaks above resistance, the resulting move could predict a move up.
A bullish push up to the 1.032 mark is likely as EUR/USD loses bearish momentum.
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: Falling Wedge
EUR/USD,
1 day
LONG
Jan 7
There is a falling wedge materializing and EUR/USD calls for a bit more consolidation as a sign of a breakout.
A falling wedge indicates a bullish price action in case if price breaks out.
There is a chance of a bullish continuation to 1.05 as extra rangebound not ruled out.
EUR/USD: Ascending Triangle
EUR/USD,
4 hours
LONG
38 hours ago
There is an ascending triangle occuring and the price asks for an impulse up to confirm ascending triangle breakout.
An ascending triangle typically spots that prices are likely to keep rallying upward in case if price breaks out.
EUR/USD hints a change to the upside towards the 1.04 zone once beyond 1.036 as EUR/USD probes 1.036 hurdle.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
40 hours ago
A rectangle has been recognized and the price is breaking out.
A rectangle is said to depict a bullish indicator that is used to spot a further move up once price breaks above resistance.
It is possible that a move towards 1.033 will happen as the currency pair looks bid.
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,
4 hours
SHORT
Dec 11
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.
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EUR/USD