There is a rectangle observed.
A rectangle suggests a useful chart indicator that can be used to identify a sharp rise if price breaks out.
It is likely that a move towards 1.115 will form on impulse above 1.109 as downside pressure alleviates.
EUR/USD: Canal Descendant
EUR/USD,
4 heures
LONG
Oct 31
The price shows a descending channel, EUR/USD requests a steady move as an information of a breakout.
A descending channel indicates a downward trend is about to reverse into an upnward trend once price breaks through the resistance.
EUR/USD now looks towards 1.065 on a breakout of the descending channel.
EUR/USD: Canal Ascendant
EUR/USD,
4 heures
SHORT
Déc 29
An ascending channel is close to being finished.
An ascending channel predicts a bearish price move if price breaks out to the the downside.
It is likely that corrective downside towards 1.1 will form.
EUR/USD: Canal Ascendant
EUR/USD,
1 heure
SHORT
Avr 14
There is an ascending channel turning up and the price is breaking out.
An ascending channel is considered to be a chart formation that often predicts a change in the prevailing trend in case if price breakdown occurs.
EUR/USD risks a correction towards 1.106 as door open for a test of 1.106.
EUR/USD: Canal Ascendant
EUR/USD,
1 heure
SHORT
Déc 18
An ascending channel is diagnosed and the price expects a more bigger move for the certainty of breakdown.
An ascending channel is a bearish chart indicator that signals that the price to go down once price breakdown occurs.
It is likely that a bearish continuation to 1.0485 will occur as EUR/USD is at a brink of a bearish breakout.
EUR/USD: Canal Ascendant
EUR/USD,
1 jour
SHORT
Sep 26
It looks like an ascending channel has been noticed, eurusd demands a more strong move as an information of a breakout.
An ascending channel describes a specific signal that is used to signal a tendency to break in the opposite direction if price breaks down.
There is a chance of a bearish run to the 1.17 level on a breach of 1.172 as the currency pair challenges 1.172 hurdle.
EUR/USD: Rectangle
EUR/USD,
1 heure
SHORT
Oct 2
There is a rectangle materializing and the price is about to break out.
A rectangle suggests a chart formation that can be used to predict extending an downtrend in case if price breaks below support.
There is a possibility of a bearish run towards 1.055 while lower than 1.056.
EUR/USD: Canal Ascendant
EUR/USD,
4 heures
SHORT
Nov 17
There is an ascending channel observed, eurusd requests a more steady bearish continuation as an information of a breakout.
In case if price breaks down, the resulting move could spot a next move down.
There is a chance of a move towards the 1.158 level as bearish momentum increases.
EUR/USD: Canal Ascendant
EUR/USD,
1 heure
SHORT
Mar 5
There is an ascending channel arising.
An ascending channel describes a bearish price action indicator that can be used to predict price heading to a new direction when price collapses through the support line.
EUR/USD to turn bearish to 1.084 as EUR/USD challenges 1.0852 hurdle.
EUR/USD: Triangle Descendant
EUR/USD,
1 heure
LONG
Mai 17
There is a descending triangle turning up.
When price breaks out, the resulting move could indicate that the price to go long.
There is a possibility of a bullish price action towards the 1.088 zone.
EUR/USD: Canal Ascendant
EUR/USD,
1 heure
SHORT
Aoû 21
It looks like EUR/USD completes an ascending channel, the price is going to break out soon.
If price breakdown occurs, the resulting move could signal an upward trend is about to reverse into an downward trend.
EUR/USD to extend the fall to 1.089 as sell-off may continue.
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EUR/USD