Open:
High:
Low:
Close:
TRIANGLE WAVE
USD/CAD 1H
There is a symmetrical triangle arising.
A symmetrical triangle often identifies extending an uptrend in case if price breaks out.
A bullish move towards 1.42 stays on the cards on a breach of 1.4196 as the currency pair looks bid.
DESCENDING CHANNEL
EUR/USD
1H
A descending channel is noticed, the price wants a further bullish action as a sign of a breakout.
A descending channel is said to depict a price action pattern with a downward bias that is used to indicate extending an uptrend if price breaks out to the the upside.
A bullish run to 1.136 is on the cards on a breach of 1.134 as the currency pair probes 1.134 hurdle.
DESCENDING CHANNEL
GBP/USD
1H
It looks like a descending channel takes place.
A descending channel often identifies a downward trend is nearing its end when price breaks out.
Gbpusd to turn bullish towards the 1.324 zone as gbpusd looks bid.
ASCENDING CHANNEL
USD/JPY
1H
There is an ascending channel coming out, usdjpy asks for a further steady move as an indication of a breakout.
An ascending channel identifies a specific bearish price formation that is angled up that is used to indicate the bulls have run out of steam when price breaks out to the the downside.
Usdjpy set to fall to the 157 zone as indicators favor bears.
DESCENDING CHANNEL
AUD/USD
1H
There is a descending channel detected and audusd requests a further active bullish move as a signal of a breakout.
When price breaks out to the the upside, the move could predict a temporary interruption during a falling market.
Audusd to peak to the 0.7 level.
DESCENDING CHANNEL
GBP/JPY 1H
It seems like a descending channel is noticed.
If price breaks out, the resulting move could identify a downward trend is nearing its end.
Gbpjpy to maintain its positive tone towards 208.4 on a breach of 208.25.
สี่เหลี่ยมผืนผ้า
USD/JPY
4H
There is a rectangle arising, the price requests a further move for the certainty of breakout.
A rectangle denotes a specific formation that indicates an extension in the downward direction in case if price breaks out.
It is likely that a bearish move towards 156.5 will happen on a breach of 156.9 as downtrend may continue.
DESCENDING CHANNEL
AUD/USD
1H
A descending channel has been noticed.
A descending channel often predicts a break in the price direction once price breaks out.
There is a probability of a bullish continuation towards 0.7 on a breach of 0.699.
ASCENDING CHANNEL
USD/CHF
1H
It looks like an ascending channel is close to completion and the price is ready to break out.
When price breaks through the support, the move could signal a next move down.
Usdchf to extend its setback towards 0.833 on a breakout of the ascending channel.
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