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EUR/USD

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EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Jun 16
We can see that an ascending channel is spotted, the price is ready to break out soon. An ascending channel is said to depict a reliable signal that results in a bearish price move in case if price breaks below support. EUR/USD is at risk of extending its slump towards 1.211 on a breakdown of the ascending channel as bears looking for downside correction.

EUR/USD: Pennant

EUR/USD, 4 hours    SHORT 4 days ago
A pennant has been identified. In case if price breakdown occurs, the move could spot an extension in the downward direction. There is a probability of decline towards the 1.18 zone on a downside break as EUR/USD is at a brink of a bearish breakout.

EUR/USD: Ascending Triangle

EUR/USD, 1 hour    SHORT Jun 16
There is an ascending triangle spotted, the price asks for a steady move as a clue of a breakout. When price breaks below support, the resulting move could signal the more likely potential of falling prices. There is a chance of extra downside towards 1.211 while below 1.2125 as door open for the continuation of the downtrend.

EUR/USD: Rising Wedge

EUR/USD, 1 hour    SHORT Jul 6
It looks like a rising wedge is spotted. A rising wedge describes a useful chart formation that has an upward slope that indicates that the price to go down in case if price collapses through the support line. It is possible that extra downside towards the 1.184 mark will happen as door open for a test of 1.184.

EUR/USD: Bullish Flag

EUR/USD, 1 hour    LONG Aug 27
There is a bullish flag taking place, the price demands further steady push up as a sign of a breakout. A bullish flag is considered to be a reliable pattern that can be used to spot an extension in the upward direction when price breaks above resistance. A move towards the 1.177 level is going to happen on a upside break.

EUR/USD: Bullish Flag

EUR/USD, 1 hour    LONG Aug 13
It seems like EUR/USD shapes a bullish flag, the price is ready to break out soon. When price breaks out to the the upside, the move could predict an interruption of a downtrend. EUR/USD to move upward towards 1.1745.

EUR/USD: Pennant

EUR/USD, 1 hour    SHORT Aug 17
EUR/USD gives a pennant and the price expects further strong pullback as a clue of a breakout. A pennant is believed to be a reliable bearish price formation that can be used to predict that the price to go short if price breakdown occurs. There is a chance of a rangebound towards 1.177 on a breakdown of the pennant as EUR/USD is at a brink of a bearish breakout.

EUR/USD: Descending Triangle

EUR/USD, 4 hours    SHORT Jun 16
A descending triangle happens, the price is ready to break out. A descending triangle signals an extension in the downward direction if price breaks out. There is a probability of a bearish push down to the 1.206 mark.

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG May 5
There is a descending channel emerging and the price breaks out. A descending channel suggests a compelling bullish chart signal that is used to predict a next move up if price breaks through the resistance. A further move towards 1.203 stays on the cards on a breakout of the descending channel as the currency pair loses bearish momentum.

EUR/USD: Pennant

EUR/USD, 1 hour    SHORT Jun 3
A pennant is uncovered, the price requests a next bigger move to confirm a breakout. Once price breaks down, the move could spot prices are likely to keep falling downward. A bearish push down towards the 1.216 mark is likely on a breach of 1.218.

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG Aug 11
We can see that a descending channel is found. A descending channel is believed to be a technical formation that has a downward slope that spots a sharp rise if price breaks through the resistance. EUR/USD opens door for a move to 1.173 amid the currency pair recovers from recent lows.

EUR/USD: Ascending Triangle

EUR/USD, 1 hour    SHORT May 12
We can see that an ascending triangle has been revealed and the price wants a bearish continuation as a clue of a breakdown. When price collapses through the support line, the move could predict the bulls have run out of steam. EUR/USD set to accelerate its decline to 1.212.
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