USD/JPY 30 Min Chart: Channel Down

Source: Dukascopy Bank
USD/JPY has formed a downside channel pattern on 30 min chart. The pattern consists from 68 bars and has relatively small quality and magnitude of 51% and 50% respectively.

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Wed, 08 Feb 2012 17:20:44 GMT

EUR/USD Daily Chart: Channel Down

EUR/USD has formed a downside channel pattern on a daily chart. The pattern has 64% quality and has high magnitude of 83% within 100 bars.

Thu, 19 Jan 2012 06:36:06 GMT

GBP/USD 1H Chart: Channel Down

The pair has formed a large bearish channel pattern with 100% magnitude. The price has been fluctuating within a downside channel since December 21 and currently the pattern contains 411 bars on H1 chart. If the price have a third top reversal point the quality of the pattern will likely increase by 15-20%.

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