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Devises

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GBP/USD: Biseau Descendant

GBP/USD, 4 heures    LONG Nov 21
There is a falling wedge discovered. A falling wedge is said to depict a useful chart formation that typically identifies a bullish price move if price breaks out. Gbpusd pushes higher towards the 1.315 mark as gbpusd becomes supported.

USD/JPY: Canal Descendant

USD/JPY, 1 jour    LONG Sep 25
It looks like the price shapes a descending channel and the price demands a further move as evidence of a breakout. If price breaks out, the move could predict a move up. Usdjpy could attempt a move to 149 while above 148.4 as the wind continues blowing in favor of the currency pair.

EUR/USD: Canal Descendant

EUR/USD, 1 heure    SHORT Jul 23
We can see that a descending channel is almost completed. A descending channel is believed to be a compelling bearish indicator that results in a next move down if price breaks out. EUR/USD to continue lower towards 1.0875 on a breach of 1.0878.

USD/JPY: Canal Descendant

USD/JPY, 1 heure    LONG Fév 13
There is a descending channel noticed, the price is going to break out soon. In case if price breaks out to the the upside, the move could signal a bullish move. A bullish push up towards 149.6 is probable while above 149.48 as USD/JPY challenges 149.48 hurdle.

GBP/JPY: Triangle Ascendant

GBP/JPY, 1 heure    LONG Oct 3
There is an ascending triangle poping up, gbpjpy demands a more bullish move for clear breakout confirmation. An ascending triangle provides a technical signal that often indicates a further move up when price breaks through the resistance. Gbpjpy to move up towards 198.6.

EUR/USD: Canal Ascendant

EUR/USD, 4 heures    SHORT Oct 20
The price creates an ascending channel and eurusd requires strong fall as an information of a breakdown. An ascending channel identifies a specific formation with an upward bias that is used to predict an extension in the downward direction if price breaks below support. It is not ruled out that a bearish run towards the 1.16 level will be made on a breakout of the ascending channel as weakness continues.

GBP/JPY: Canal Descendant

GBP/JPY, 1 heure    LONG Déc 3
A descending channel comes out and the price is ready to break out soon. A descending channel is considered to be a reliable bullish indicator that is used to predict a change in the prevailing trend if price breaks above resistance. There is a chance of a bullish push up towards the 190.5 mark on a breakout of the descending channel.

EUR/USD: Canal Descendant

EUR/USD, 4 heures    LONG Mar 3
There is a descending channel coming out and the price is about to break out now. When price breaks out, the resulting move could signal a sharp rise. There is a possibility of a move to 1.05.

USD/CHF: Canal Ascendant

USD/CHF, 1 heure    SHORT Nov 2
An ascending channel has been identified. An ascending channel often spots a bearish price action once price breaks out. There is a chance of a rangebound to the 0.9 zone as USD/CHF sticks to the negative mood.

NZD/USD: Canal Ascendant

NZD/USD, 4 heures    SHORT Jui 19
An ascending channel has been identified and the price is ready to break out. If price breaks through the support, the resulting move could spot an upward trend is nearing its end. A bearish push down to the 0.6 level is not ruled out on a breach of 0.602.

GBP/USD: Canal Descendant

GBP/USD, 1 heure    LONG Il y a 2 jours
There is a descending channel poping up. A descending channel tends to be a reliable bullish price pattern that can be used to signal an extension in the upward direction when price breaks through the resistance. Gbpusd turns higher to 1.324 while above 1.3215.

USD/JPY: Canal Descendant

USD/JPY, 1 heure    LONG Jui 1
We can see that USD/JPY completes a descending channel, the price is about to break out. Once price breaks out, the resulting move could identify a bullish price move. It is possible that a further bullish continuation towards the 140 zone will take place once above 139.7.
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