logo

FX.co ★ Patterns EURUSD | Euro (EUR) to US Dollar (USD) Rate in the Forex market

EURUSD M15

Triple Bottom
The Triple Bottom pattern has formed on the chart of the EURUSD M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 1.0779/1.0777.
2024-03-29

EURUSD M5

Bearish Rectangle
According to the chart of M5, EURUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0789 - 0.0000 and support 1.0784 – 1.0784. In case the resistance level 1.0784 - 1.0784 is broken, the instrument is likely to follow the bearish trend.
2024-03-28

EURUSD M5

Bullish Rectangle
According to the chart of M5, EURUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0818 and support 1.0802. In case the resistance level 1.0818 - 1.0818 is broken, the instrument is likely to follow the bullish trend.
2024-03-28

EURUSD M5

Double Top
The Double Top reversal pattern has been formed on EURUSD M5. Characteristics: the upper boundary 1.0818; the lower boundary 1.0803; the width of the pattern is 15 points. Sell trades are better to be opened below the lower boundary 1.0803 with a possible movements towards the 1.0788 level.
2024-03-28

EURUSD M5

Bullish Symmetrical Triangle
According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.0826/1.0786 whereas the lower border goes across 1.0757/1.0786. The pattern width is measured on the chart at 69 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.0786 is broken, the price could continue its move toward 1.0801.
2024-03-28

EURUSD M30

Inverse Head and Shoulder
According to the chart of M30, EURUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.0820 while the median line of the Neck is set at 1.0833/1.0830. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of EURUSD will go towards 1.0860.
2024-03-27

EURUSD M15

Bullish Symmetrical Triangle
According to the chart of M15, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.0831/1.0837 whereas the upper border goes across 1.0842/1.0837. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURUSD will breach the upper border to head for 1.0860.
2024-03-26

EURUSD M15

Bullish Symmetrical Triangle
According to the chart of M15, EURUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0842 and 1.0831 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 11 pips. Outlook: If the upper border 1.0842 is broken, the price is likely to continue its move by 1.0860.
2024-03-25

EURUSD M15

Triple Top
On the chart of the EURUSD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.0810, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 12 points.
2024-03-25

EURUSD M15

Bearish Rectangle
According to the chart of M15, EURUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0810 - 0.0000 and support 1.0804 – 1.0804. In case the resistance level 1.0804 - 1.0804 is broken, the instrument is likely to follow the bearish trend.
2024-03-25