GBP/USD 1H Chart: Channel Down

Note: This section contains information in English only.
Source: Dukascopy Bank
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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Mon, 23 Jan 2012 19:35:36 GMT

USD/JPY 30 Min Chart: Channel Down

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.

Tue, 17 Jan 2012 17:43:55 GMT

EUR/USD H1 Chart: Channel Down

EUR/USD continues downside move within a broad channel of nearly 300 pips. The pattern started to form on December 29 and contains 257 bars on H1 chart. The quality of the pattern is 57%, because the price has struggled to reach the support line at around 1.2496 level and changed the direction at 1.2619.

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