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EUR/USD

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EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Dec 20
It looks like an ascending channel pops up. An ascending channel identifies a compelling signal that is used to signal a further move down once price breaks out to the the downside. EUR/USD risks a move to the 1.096 level as EUR/USD is at a brink of a bearish breakout.

EUR/USD: Rectangle

EUR/USD, 1 hour    SHORT Mar 27
There is a rectangle developing. A rectangle is believed to be a bearish signal that can be used to signal that the price to go down when price breaks out to the the downside. EUR/USD risks a move to the 1.082 zone as bears looking for downside correction.

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG Oct 27
It looks like a descending channel materializes. If price breaks above resistance, the resulting move could indicate that prices are likely to keep rallying upward. EUR/USD does not rule out a move towards the 1.057 zone.

EUR/USD: Rectangle

EUR/USD, 1 day    LONG Nov 4
A rectangle has been encountered and the price is ready to break out. A rectangle is believed to be a reliable price signal that predicts that prices are likely to keep rallying upward if price breaks out to the the upside. EUR/USD to recover bullish potential to 1.07.

EUR/USD: Descending Channel

EUR/USD, 4 hours    LONG Jan 23
A descending channel is close to being finished and the price is about to break out soon. In case if price breaks above resistance, the move could predict a downward trend is nearing its end. EUR/USD pushes higher to the 1.092 zone on a upside break.

EUR/USD: Ascending Channel

EUR/USD, 1 hour    SHORT Oct 24
It looks like an ascending channel is close to being complete and the price expects a bigger move to confirm ascending channel breakout. An ascending channel identifies an upward trend is nearing its end in case if price breaks down. It is possible that a bearish continuation to 1.062 will form on impulse below 1.063.

EUR/USD: Falling Wedge

EUR/USD, 4 hours    LONG Apr 22

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG Oct 4
There is a descending channel determined, the price is ready to break out now. A descending channel is a price pattern that has a downward slope that indicates a next move up in case if price breaks out. A bullish run to the 1.048 level is on the way once above 1.0475.

EUR/USD: Rising Wedge

EUR/USD, 1 hour    SHORT Nov 21
It seems like a rising wedge happens. A rising wedge is a technical bearish pattern with an upward bias that often results in reversals in uptrends if price breaks out to the the downside. It is likely that a bearish push down to 1.095 will be made as bears look for entries.

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG May 19
A descending channel is close to being finished, the price is ready to break out now. A descending channel is a technical price action indicator that is used to spot a breakout higher once price breaks out to the the upside. A bullish move towards 1.078 is on the way.

EUR/USD: Descending Channel

EUR/USD, 1 hour    LONG Oct 26
It looks like a descending channel has been observed and EUR/USD calls for an active bullish action to confirm a breakout. A descending channel suggests a useful price action pattern that is used to signal a move up if price breaks through the resistance. EUR/USD to continue the appreciation trend towards 1.057 on a break above 1.0564 as EUR/USD probes 1.0564 hurdle.

EUR/USD: Symmetrical Triangle

EUR/USD, 1 hour    SHORT May 23
A symmetrical triangle happens. A symmetrical triangle often results in a bearish price action once price breaks through the support. There is a chance of corrective downside towards 1.08 on a breakdown of the symmetrical triangle.
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