It looks like an ascending channel is nearing completion.
An ascending channel identifies a compelling price signal that is used to indicate the more likely potential of falling prices once price breaks down.
There is a chance of a further bearish push down towards the 1.114 level as EUR/USD becomes vulnerable.
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: 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: 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.
EUR/USD: Descending Channel
EUR/USD,
1 hour
LONG
Sep 24
There is a descending channel developing, EUR/USD needs a further active move to confirm a breakout.
A descending channel is believed to be a technical signal that often indicates a bullish move in case if price breaks through the resistance.
There is a chance of a bullish run towards 1.116 once beyond 1.1145 as indicators favor bulls.
EUR/USD: Falling Wedge
EUR/USD,
4 hours
LONG
Feb 15
There is a falling wedge found.
In case if price breaks through the resistance, the resulting move could indicate an extension in the upward direction.
There is a chance of a bullish price action to the 1.074 zone once beyond 1.0735 as EUR/USD sticks to the positive mood.
EUR/USD: Descending Channel
EUR/USD,
1 day
LONG
Mar 14
There is a descending channel taking place, the price calls for a next move as proof of a breakout.
If price breaks out, the move could predict an extension in the upward direction.
There is a probability of a rangebound towards 1.07.
EUR/USD: Rectangle
EUR/USD,
1 hour
LONG
Sep 11
There is a rectangle revealed.
A rectangle indicates a bullish price action if price breaks through the resistance.
EUR/USD to prolong the growth phase to 1.074.
EUR/USD: Ascending Channel
EUR/USD,
1 hour
SHORT
Mar 14
There is an ascending channel found and the price is ready to break out now.
An ascending channel often results in that the price to go down if price collapses through the support line.
It is not ruled out that decline towards the 1.093 mark will take place on a breakout of the ascending channel.
EUR/USD: Rising Wedge
EUR/USD,
1 hour
SHORT
Jun 20
As we can see a rising wedge develops and the price breaks out.
A rising wedge denotes a useful indicator that can be used to indicate the bulls have run out of steam once price collapses through the support line.
EUR/USD set to fall to 1.074 on a breakout of the rising wedge.
EUR/USD: Pennant
EUR/USD,
1 hour
SHORT
Apr 30
There is a pennant occuring and the price breaks out.
A pennant is believed to be a specific pattern that typically signals a bearish price move in case if price collapses through the support line.
There is a possibility of a bearish price action to the 1.07 mark as there is room for a downside correction.
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EUR/USD