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According to the chart of M5, EURUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.1741 – 1.1741 and upper border 1.1748 – 1.1748. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Top reversal pattern has been formed on EURUSD M5. Characteristics: the upper boundary 1.1748; the lower boundary 1.1742; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 1.1742 with a possible movements towards the 1.1727 level.

The technical pattern called Head and Shoulders has appeared on the chart of EURUSD M15. There are weighty reasons to suggest that the price will surpass the Neckline 1.1724/1.1742 after the right shoulder has been formed. So, the trend is set to change with the price heading for 1.1719.

The Triple Bottom pattern has been formed on EURUSD M15. It has the following characteristics: resistance level 1.1763/1.1752; support level 1.1745/1.1746; the width is 18 points. In the event of a breakdown of the resistance level of 1.1763, the price is likely to continue an upward movement at least to 1.1765.

The Double Top reversal pattern has been formed on EURUSD M15. Characteristics: the upper boundary 1.1725; the lower boundary 1.1711; the width of the pattern is 15 points. Sell trades are better to be opened below the lower boundary 1.1711 with a possible movements towards the 1.1688 level.

On the chart of EURUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1725; the lower boundary 1.1711; the width of the pattern 14 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.1696 level.

According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.1682/1.1688 whereas the upper border goes across 1.1697/1.1688. 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 1.1703.

According to the chart of M30, EURUSD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1.1676 while the median line of the Neck is set at 1.1702/1.1696. 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 1.1726.

The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1707 is broken, the downward movement will continue.

The EURUSD M30 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.1741, the Neckline and the upward angle are at 1.1722/1.1724. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of EURUSD will go towards 1.1694.