There is an ascending channel emerging, the price requires more pullback as a clue of a breakdown.
An ascending channel typically predicts a bearish price action if price breaks out.
It is likely that a bearish push down to the 1.056 zone will take place.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Nov 16
It seems like a bullish flag develops, the price is ready to break out.
Once price breaks out to the the upside, the move could indicate extending an uptrend.
There is a chance of a bullish price action to the 1.086 level on a breakout of the bullish flag.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Mar 13
There is a descending channel occuring, the price is about to break out.
A descending channel identifies a countertrend succeeding the current trend when price breaks above resistance.
A bullish move to 1.094 is on the cards on a breakout of the descending channel.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Feb 21
EUR/USD: Descending Channel
EUR/USD,
4 hours
LONG
Dec 13
There is a descending channel turning up.
Once price breaks through the resistance, the move could signal price heading to a new direction.
EUR/USD pushes higher to 1.082 on a breach of 1.0795 as EUR/USD sticks to the positive mood.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Oct 21
There is a descending channel happening and the price is about to break out soon.
If price breaks out to the the upside, the move could identify price reversal after a pause.
EUR/USD to enjoy a considerable gain to 1.07 on a breach of 1.06 as EUR/USD sticks to the positive mood.
EUR/USD: Ascending Channel
EUR/USD,
4 hours
SHORT
Jan 16
There is an ascending channel identified, the price is ready to break out now.
An ascending channel typically predicts a move down once price breaks through the support.
EUR/USD set to accelerate its decline to 1.094 on a breach of 1.0945 as indicators favor bears.
EUR/USD: Bullish Flag
EUR/USD,
1 hour
LONG
Apr 25
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Aug 22
An ascending channel forms, the price expects further strong pullback for clear breakout confirmation.
An ascending channel is believed to be a specific signal that typically identifies that the price to go down if price breaks down.
EUR/USD risks a move to the 1.088 zone on a breach of 1.0895.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Jan 10
The price builds a descending channel and the price requests a more steady bullish impulse as evidence of a breakout.
A descending channel provides a specific bullish chart signal that predicts a temporary interruption during a falling market when price breaks out.
EUR/USD is bullish and en route towards 1.096 on a breakout of the descending channel as door open for a test of 1.096.
EUR/USD: Bearish Rectangle
EUR/USD,
1 hour
SHORT
Sep 27
There is a bearish rectangle determined.
A bearish rectangle is considered to be a technical chart formation that can be used to identify the bulls have run out of steam when price collapses through the support line.
EUR/USD pulls back towards 1.056 as minor hurdle remains at 1.0564.
EUR/USD: Descending Triangle
EUR/USD,
4 hours
LONG
Jul 6
It looks like a descending triangle is almost completed and the price breaks out now.
A descending triangle identifies a sharp rise once price breaks out to the the upside.
EUR/USD to jump towards 1.09.
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