Open:
High:
Low:
Close:
BULLISH FLAG
USD/CHF
1H
As we can see a bullish flag turns up and usdchf needs a more strong move as proof of a breakout.
A bullish flag predicts a downward trend is about to reverse into an upnward trend in case if price breaks through the resistance.
It is possible that a bullish move to 0.82 will be made as the currency pair challenges 0.8192 hurdle.
BULLISH FLAG
USD/CAD 1H
There is a bullish flag encountered and the price needs a move to confirm bullish flag breakout.
A bullish flag depicts a reliable signal that indicates the bears have run out of steam if price breaks above resistance.
It is possible that a further bullish continuation to 1.411 will take place on a breach of 1.41.
DESCENDING CHANNEL
GBP/USD
1H
There is a descending channel turning up.
A descending channel is considered to be a specific price action indicator that identifies the more likely potential of rising prices when price breaks out to the the upside.
A further rangebound towards 1.331 is likely to happen.
จั่วขาลง
GBP/JPY 1H
A falling wedge has been observed, the price is breaking out.
A falling wedge identifies a useful indicator that typically results in a temporary interruption during a falling market if price breaks above resistance.
There is a chance of a bullish continuation to 217.8 as minor hurdle remains at 217.65.
ASCENDING CHANNEL
USD/CHF
1H
The price shows an ascending channel and the price breaks out.
An ascending channel suggests a technical signal that identifies a change in price direction in case if price collapses through the support line.
It is likely that decline towards 0.817 will form as door open for a test of 0.817.
สี่เหลี่ยมผืนผ้า
USD/JPY
1H
There is a rectangle found and the price is breaking out.
A rectangle can be thought of as a reliable chart formation that is used to signal the bulls have run out of steam when price breaks out to the the downside.
Usdjpy to extend the fall towards 163.6.
DESCENDING CHANNEL
EUR/USD
4H
A descending channel develops.
A descending channel represents a specific pattern with a downward bias that typically signals that the price to go up once price breaks out to the the upside.
It is possible that a further bullish move to 1.142 will occur on a breach of 1.1405.
DESCENDING TRIANGLE
NZD/USD 4H
A descending triangle is close to being finished, the price is ready to break out.
A descending triangle often results in a change in the prevailing trend once price breaks through the resistance.
Nzdusd to move upward towards 0.58 while above 0.579.
BEARISH FLAG
NZD/USD 1H
There is a bearish flag materializing, the price is going to break out.
A bearish flag spots an extension in the downward direction in case if price breaks out to the the downside.
A bearish price action to the 0.577 zone is a possibility as minor hurdle remains at 0.5778.
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