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
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
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: Descending Channel
EUR/USD,
1 day
LONG
Aug 23
EUR/USD: Rectangle
EUR/USD,
1 hour
SHORT
May 11
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
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: Rising Wedge
EUR/USD,
1 hour
SHORT
16 hours ago
As we can see a rising wedge is close to being finished, the price is ready to break out soon.
A rising wedge represents a technical formation that can be used to indicate a next move down in case if price breaks down.
There is a possibility of a bearish price action towards 1.166.
EUR/USD: Bullish Rectangle
EUR/USD,
1 hour
LONG
Oct 23
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
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: Ascending Channel
EUR/USD,
4 hours
SHORT
Jan 29
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: Falling Wedge
EUR/USD,
1 hour
LONG
Apr 1
A falling wedge turns up.
A falling wedge is believed to be a useful chart signal that often spots price reversal after a pause if price breaks through the resistance.
There is a chance of a rangebound towards the 1.081 mark on a breakout of the falling wedge as the wind continues blowing in favor of EUR/USD.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Mar 3
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.
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EUR/USD