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EUR/USD

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EUR/USD: Ascending Channel

EUR/USD, 1 day    SHORT Jun 4
There is an ascending channel observed and the price is ready to break out soon. An ascending channel identifies a compelling bearish signal that is used to indicate extending an downtrend once price breaks below support. EUR/USD accelerates losses to 1.19 on a breakdown of the ascending channel as upside pressure alleviates.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT 6 days ago
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: Ascending Channel

EUR/USD, 1 day    SHORT Jun 12
There is an ascending channel encountered, EUR/USD demands an active move for the certainty of breakdown. An ascending channel indicates an upward trend is about to reverse into an downward trend once price breaks below support. There is a chance of a bearish run towards 1.205.

EUR/USD: Ascending Triangle

EUR/USD, 1 hour    SHORT 6 days ago
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: Descending Triangle

EUR/USD, 4 hours    SHORT 6 days ago
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: 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.

EUR/USD: Descending Triangle

EUR/USD, 1 hour    SHORT Apr 30
There is a descending triangle detected, the price is close to breaking out soon. In case if price breaks through the support, the resulting move could identify an extension in the downward direction. There is a probability of a rangebound to 1.209 on a breakout of the descending triangle.

EUR/USD: Falling Wedge

EUR/USD, 4 hours    LONG May 5
There is a falling wedge appearing. A falling wedge is considered to be a compelling price signal that signals a potential reversal in price action when price breaks out to the the upside. EUR/USD does not rule out a move towards 1.21.

EUR/USD: Ascending Triangle

EUR/USD, 1 hour    SHORT Apr 30
As we can see an ascending triangle is uncovered. An ascending triangle often results in a sharp decline once price breaks through the support. It is likely that a further bearish push down towards 1.208 will take place on a break below 1.211 as EUR/USD becomes weak.

EUR/USD: Rising Wedge

EUR/USD, 4 hours    SHORT Apr 28
It seems like a rising wedge is determined and EUR/USD requires further pullback for clear breakout confirmation. A rising wedge provides a bearish formation that signals a sharp decline if price breaks out to the the downside. EUR/USD risks a correction to the 1.204 mark as bearish momentum increases.
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