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Devises

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NZD/USD: Triangle Ascendant

NZD/USD, 1 heure    SHORT Jul 26
An ascending triangle is almost finished, NZD/USD asks for more steady fall as a clue of a breakout. An ascending triangle signals the bulls have run out of steam if price breaks down. A further bearish push down towards 0.619 looks possible on a breakout of the ascending triangle as NZD/USD becomes weak.

GBP/USD: Biseau Ascendant

GBP/USD, 4 heures    SHORT Oct 20
As we can see a rising wedge is very close to being completed, the price is breaking out. A rising wedge spots that the price to go short once price breaks below support. Gbpusd turns lower to 1.34 on a breach of 1.343 as sell-off may continue.

EUR/USD: Rectangle

EUR/USD, 1 heure    LONG Nov 13
There is a rectangle observed and the price requests a further bigger bullish continuation as a sign of a breakout. A rectangle depicts a useful bullish pattern that can be used to predict a sharp rise if price breaks out to the the upside. EUR/USD pushes higher towards 1.071 on a upside break.

AUD/USD: Triangle Descendant

AUD/USD, 1 jour    LONG Nov 27
There is a descending triangle forming. In case if price breaks through the resistance, the resulting move could identify a bullish price action. It is likely that a bullish price action towards the 0.655 zone will take place as there is a chance for a upside correction.

USD/CAD: Canal Ascendant

USD/CAD, 1 heure    SHORT Oct 21
There is an ascending channel materializing. In case if price breaks out to the the downside, the move could predict a bearish move. Usdcad is at risk of extending its slump to the 1.401 level while lower than 1.4018.

USD/CHF: Canal Descendant

USD/CHF, 1 heure    LONG Il y a 23 heures
A descending channel is almost done and usdchf calls for an active move as an indication of a breakout. A descending channel represents a pattern that results in a further move up if price breaks out. Usdchf to increase bullish potential towards 0.802.

USD/CHF: Canal Ascendant

USD/CHF, 4 heures    SHORT Oct 14
There is an ascending channel exposed. An ascending channel is considered to be a compelling bearish price action indicator that results in a bearish move in case if price breaks below support. There is a possibility of a bearish price action to 0.802.

GBP/JPY: Triangle Descendant

GBP/JPY, 1 heure    LONG Mar 19
There is a descending triangle encountered and GBP/JPY asks for a bit more consolidation as a verification of a breakout. A descending triangle tends to be a useful price action indicator that is used to predict an extension in the upward direction when price breaks through the resistance. It is not ruled out that a bullish move towards the 190 level will form on a breakout of the descending triangle.

GBP/JPY: Rectangle

GBP/JPY, 1 heure    LONG Mar 3
A rectangle has been detected and the price asks for a more strong impulse up to confirm rectangle breakout. A rectangle tends to be a technical bullish chart signal that typically predicts a bullish price move if price breaks out. GBP/JPY does not rule out a move to the 190.5 mark.

GBP/JPY: Rectangle

GBP/JPY, 1 heure    LONG Mai 25
It seems like GBP/JPY shapes a rectangle, the price is about to break out. A rectangle is a specific bullish indicator that often spots the bears have run out of steam once price breaks through the resistance. GBP/JPY to strengthen to 172.8.

USD/CAD: Canal Ascendant

USD/CAD, 1 heure    SHORT Oct 21
There is an ascending channel turning up. When price breaks out to the the downside, the move could signal a move down. Usdcad risks extending drop towards the 1.403 level while lower than 1.404 as bears looking for downside correction.

EUR/USD: Canal Descendant

EUR/USD, 4 heures    LONG Jui 23
EUR/USD forms a descending channel, EUR/USD wants a more steady move to confirm descending channel breakout. If price breaks above resistance, the resulting move could identify a move up. There is a chance of a bullish move towards 1.155 on a upside break.
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