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EUR/USD

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EUR/USD: Descending Channel

EUR/USD, 4 hours    LONG Mar 3
2025Mar 51.0351.0401.0451.0501.0551.0601.0651.0701.0751.0801.085↓ resistance ↓↑ support ↑breakoutEUR/USD · 4H · 3 Mar 2025
There is a descending channel coming out and the price is about to break out now. When price breaks out, the resulting move could signal a sharp rise. There is a possibility of a move to 1.05.

EUR/USD: Rising Wedge

EUR/USD, 1 hour    SHORT Jul 26
12:002612:00282912:001.08001.08051.08101.08151.08201.08251.08301.08351.08401.08451.08501.08551.08601.08651.08701.08751.0880↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 26 Jul 2024
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
25Dec 510151.0301.0321.0341.0361.0381.0401.0421.0441.0461.0481.0501.0521.0541.0561.0581.0601.0621.064↓ resistance ↓↑ support ↑breakoutEUR/USD · 4H · 11 Dec 2024
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.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Dec 30
242526272930311.0341.0351.0361.0371.0381.0391.0401.0411.0421.0431.0441.0451.046↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 30 Dec 2024
It looks like the price creates an ascending channel. An ascending channel is said to depict a reliable chart signal that signals a bullish-to-bearish trend reversal once price breaks down. There is a possibility of a bearish continuation towards 1.042 on a downside break.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Jan 30
2812:002912:003012:003112:00Feb1.0221.0241.0261.0281.0301.0321.0341.0361.0381.0401.0421.0441.0461.0481.050↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 30 Jan 2025
There is an ascending channel developing, the price is ready to break out now. An ascending channel is believed to be a reliable bearish price action signal that often spots a bearish move in case if price breaks below support. EUR/USD set to lose more ground to the 1.038 level.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Jun 7
612:00 712:00 9101.0721.0741.0761.0781.0801.0821.0841.0861.0881.0901.092↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 7 Jun 2024
It looks like EUR/USD builds an ascending channel and EUR/USD needs next fall for clear breakdown confirmation. An ascending channel typically predicts a countertrend succeeding the current trend in case if price collapses through the support line. It is not ruled out that a bearish run towards the 1.086 zone will form on a downside break.

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG Aug 4
212:00 312:00 412:001.0911.0921.0931.0941.0951.0961.0971.0981.0991.1001.1011.1021.1031.1041.105↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 4 Aug 2023
A descending channel is close to completion, the price is about to break out now. A descending channel tends to be a reliable pattern that is angled down that typically predicts that the price to go long in case if price breaks through the resistance. EUR/USD now looks to the 1.096 level.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Oct 12
1012:001112:001212:00131.0511.0521.0531.0541.0551.0561.0571.0581.0591.0601.0611.0621.0631.0641.065↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 12 Oct 2023
There is an ascending channel discovered. When price breaks out to the the downside, the move could indicate a next move down. It is possible that a bearish run to 1.059 will happen on a breakout of the ascending channel.

EUR/USD: Ascending Triangle

EUR/USD, 4 hours    LONG Nov 14
510151.0601.0621.0641.0661.0681.0701.0721.0741.0761.0781.0801.0821.0841.0861.0881.090↓ resistance ↓↑ support ↑breakoutEUR/USD · 4H · 14 Nov 2023
As we can see an ascending triangle turns up, EUR/USD requests a bigger move for the certainty of breakout. An ascending triangle is believed to be a specific bullish price indicator that identifies that the price to go long once price breaks through the resistance. There is a probability of a rangebound towards the 1.072 zone as EUR/USD is at a brink of a bullish breakout.

EUR/USD: Rectangle

EUR/USD, 1 hour    LONG Sep 18
12:001812:00191.1071.1081.1091.1101.1111.1121.1131.1141.1151.1161.1171.1181.119↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 18 Sep 2024
There is a rectangle diagnosed. A rectangle suggests a compelling price action formation that often predicts a bullish move when price breaks above resistance. EUR/USD looks north towards 1.115 on a break above 1.1142.

EUR/USD: Descending Triangle

EUR/USD, 1 hour    LONG Mar 11
712:00 91012:001112:001.0761.0781.0801.0821.0841.0861.0881.0901.0921.0941.096↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 11 Mar 2025
There is a descending triangle found. A descending triangle represents a useful bullish chart pattern that typically results in a bullish price action when price breaks above resistance. EUR/USD to increase bullish potential to 1.086 on a breach of 1.0855.

EUR/USD: Bullish Flag

EUR/USD, 1 hour    LONG Jul 6
Jul 3 4 5 6 71.0821.0831.0841.0851.0861.0871.0881.0891.0901.0911.0921.0931.0941.0951.0961.0971.098↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 6 Jul 2023
A bullish flag has been recognized. A bullish flag tends to be a price action indicator that often results in a potential bullish reversal in price action in case if price breaks out. EUR/USD is bullish and en route to 1.09 on a breakout of the bullish flag.
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