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EUR/USD

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EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG Jun 12
1112:001212:001.0701.0711.0721.0731.0741.0751.0761.0771.0781.0791.0801.0811.0821.0831.0841.0851.086↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 12 Jun 2024
It seems like a descending channel happens, the price is ready to break out. A descending channel indicates a bullish price move if price breaks out. It is likely that a bullish price action towards the 1.075 level will occur.

EUR/USD: Rising Wedge

EUR/USD, 1 hour    SHORT Sep 30
2612:002712:00293012:00Oct12:001.1061.1071.1081.1091.1101.1111.1121.1131.1141.1151.1161.1171.1181.1191.1201.1211.1221.1231.124↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 30 Sep 2024
We can see that EUR/USD creates a rising wedge, the price is breaking out. A rising wedge suggests a bearish formation that has an upward slope that can be used to predict a bearish price action once price breaks through the support. There is a chance of decline to the 1.116 zone.

EUR/USD: Rectangle

EUR/USD, 1 hour    LONG Mar 20
12:001912:002012:00211.0831.0841.0851.0861.0871.0881.0891.0901.0911.0921.0931.0941.095↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 20 Mar 2024
There is a rectangle forming, the price is ready to break out soon. A rectangle describes a signal that results in the bears have run out of steam in case if price breaks through the resistance. EUR/USD pushes higher towards 1.088 while above 1.0872.

EUR/USD: Rectangle

EUR/USD, 1 hour    LONG Jan 20
1612:001712:00192012:001.0261.0271.0281.0291.0301.0311.0321.0331.0341.0351.0361.0371.0381.0391.0401.0411.0421.0431.044↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 20 Jan 2025
We can see that a rectangle is very close to being completed, EUR/USD wants next steady push up as an information of a breakout. Once price breaks above resistance, the resulting move could predict a move up. A bullish push up to the 1.032 mark is likely as EUR/USD loses bearish momentum.

EUR/USD: Rectangle

EUR/USD, 1 hour    LONG Jul 2
12:00 212:00 312:001.07101.07151.07201.07251.07301.07351.07401.07451.07501.07551.07601.07651.07701.07751.07801.07851.07901.07951.0800↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 2 Jul 2024
EUR/USD establishes a rectangle. A rectangle is considered to be a compelling bullish signal that typically signals an extension in the upward direction in case if price breaks above resistance. It is not ruled out that a bullish continuation to 1.076 will form.

EUR/USD: Rectangle

EUR/USD, 1 hour    SHORT May 11
12:00 912:001012:001112:00121.0901.0911.0921.0931.0941.0951.0961.0971.0981.0991.1001.1011.1021.1031.1041.1051.106↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 11 May 2023
It looks like a rectangle is close to being finished. A rectangle provides a useful indicator that spots a bearish price move in case if price breaks out. EUR/USD to suffer further downside towards 1.094.

EUR/USD: Bearish Flag

EUR/USD, 4 hours    SHORT Jan 23
1521251.0821.0831.0841.0851.0861.0871.0881.0891.0901.0911.0921.0931.0941.0951.0961.0971.0981.0991.100↓ resistance ↓↑ support ↑breakoutEUR/USD · 4H · 23 Jan 2024
It looks like a bearish flag emerges, the price wants a more strong impulse down as an information of a breakout. A bearish flag can be thought of as an indicator that typically predicts a bearish move if price collapses through the support line. It is possible that a further move to the 1.084 mark will take place on a breakout of the bearish flag.

EUR/USD: Bullish Rectangle

EUR/USD, 1 hour    LONG Oct 23
12:002012:00222312:001.0521.0531.0541.0551.0561.0571.0581.0591.0601.0611.0621.0631.0641.0651.0661.0671.068↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 23 Oct 2023
A bullish rectangle appears and the price is going to break out. A bullish rectangle identifies a bullish move once price breaks out. EUR/USD to prolong the growth phase towards 1.061 on a breakout of the bullish rectangle.

EUR/USD: Falling Wedge

EUR/USD, 1 hour    LONG May 9
812:00 912:001.07251.07301.07351.07401.07451.07501.07551.07601.07651.07701.07751.07801.07851.0790↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 9 May 2024
There is a falling wedge forming. A falling wedge spots a next move up if price breaks out to the the upside. EUR/USD violates bearish trendline towards 1.076 once beyond 1.075 as EUR/USD becomes bullish.

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG Mar 3
2712:002812:00Mar 312:001.0341.0351.0361.0371.0381.0391.0401.0411.0421.0431.0441.0451.0461.0471.0481.0491.0501.0511.052↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 3 Mar 2025
There is a descending channel observed, the price is breaking out. In case if price breaks above resistance, the move could signal a pause in a downtrending market. EUR/USD targets a move to the 1.041 level.

EUR/USD: Ascending Channel

EUR/USD, 4 hours    SHORT Jan 29
2026Feb1.0201.0221.0241.0261.0281.0301.0321.0341.0361.0381.0401.0421.0441.0461.0481.0501.0521.054↓ resistance ↓↑ support ↑breakoutEUR/USD · 4H · 29 Jan 2025
An ascending channel is uncovered and the price is ready to break out. An ascending channel signals a break in the price direction when price breaks down. EUR/USD risks suffer setback to the 1.042 mark on a downside break as the mood may get worse.

EUR/USD: Rectangle

EUR/USD, 1 hour    LONG Mar 3
2712:002812:00Mar 312:001.0341.0351.0361.0371.0381.0391.0401.0411.0421.0431.0441.0451.0461.0471.0481.0491.0501.0511.052↓ resistance ↓↑ support ↑breakoutEUR/USD · 1H · 3 Mar 2025
A rectangle is close to being done, the price is ready to break out. A rectangle identifies a sharp rise in case if price breaks out to the the upside. A bullish move towards the 1.043 level looks likely.
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