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EUR/USD

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EUR/USD: Rectangle

EUR/USD, 1 hour    SHORT 6 hours ago
There is a rectangle uncovered. When price collapses through the support line, the move could indicate a bearish move. EUR/USD still risks a move to 1.041 on a downside break.

EUR/USD: Rising Wedge

EUR/USD, 4 hours    SHORT Jun 28
A rising wedge occurs, EUR/USD expects an active move as an information of a breakdown. A rising wedge is considered to be a compelling formation that indicates a move down when price breaks down. EUR/USD targets a move towards the 1.052 mark on a breach of 1.054.

EUR/USD: Falling Wedge

EUR/USD, 1 hour    LONG Dec 22
A falling wedge is close to completion. A falling wedge is a reliable price pattern that is angled down that can be used to predict that the price to go up once price breaks out to the the upside. EUR/USD aims to complete a retracement towards 1.129 as bulls looking for upside correction.

EUR/USD: Descending Triangle

EUR/USD, 1 hour    LONG Feb 3
The price sets up a descending triangle. A descending triangle suggests a reliable formation that can be used to spot a next move up once price breaks above resistance. EUR/USD to look for a further push to the 1.13 level.

EUR/USD: Symmetrical Triangle

EUR/USD, 4 hours    SHORT Jun 9
A symmetrical triangle has been discovered. A symmetrical triangle is said to depict a reliable signal that can be used to identify a further move down if price collapses through the support line. A bearish move to the 1.068 level is going to happen on a break below 1.0685 as the mood may get worse.

EUR/USD: Rectangle

EUR/USD, 1 hour    SHORT Dec 2
There is a rectangle developing and the price requests push down as proof of a breakout. In case if price breaks through the support, the move could identify that the price to go down. EUR/USD to drop to the 1.13 zone while lower than 1.1308 as EUR/USD loses bullish momentum.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Feb 10
As we can see an ascending channel is almost done and the price is about to break out now. An ascending channel is a technical price action indicator that predicts a bearish price move in case if price breaks out. EUR/USD to accomodate to the 1.141 mark as bears looking for downside correction.

EUR/USD: Bullish Flag

EUR/USD, 1 hour    LONG Oct 18
A bullish flag has been noticed, the price asks for a next steady move as evidence of a breakout. Once price breaks out, the move could indicate a break during a downtrending market. EUR/USD hints a change to the upside towards 1.161 on a breakout of the bullish flag.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Nov 10
An ascending channel has been found and the price requests a next active move as proof of a breakdown. An ascending channel tends to be a technical price action pattern that typically predicts a next move down if price breaks out. There is a possibility of a bearish move towards 1.157 while below 1.1582.

EUR/USD: Rising Wedge

EUR/USD, 1 hour    SHORT Feb 23
EUR/USD completes a rising wedge. A rising wedge denotes a useful formation that often spots a bearish price action in case if price breaks out. EUR/USD to plummet to the 1.132 level.

EUR/USD: Ascending Triangle

EUR/USD, 1 hour    LONG Nov 26
There is an ascending triangle encountered and the price is breaking out. An ascending triangle often predicts an extension in the upward direction when price breaks out. There is a chance of a bullish push up towards the 1.124 mark.

EUR/USD: Rectangle

EUR/USD, 4 hours    SHORT Nov 10
As we can see a rectangle forms. In case if price breaks below support, the move could indicate an extension in the downward direction. It is possible that a bearish move to 1.15 will occur as there is a chance of further weakness.
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