USD/JPY: Rising Wedge identified at 20-Jun-23:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 111.7780 within the next 2 days. Supported by Upward sloping Moving Average

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Market Movements Report Time: 21-Jun-2017 00:18 CEST
Symbol Latest Price Daily Change
EURUSD 1.113 0.15%
USDJPY 111.448 0.17%
GBPUSD 1.262 0.9%
USDCHF 0.975 0.08%
Dow 21,467.14 0.6%
Nasdaq 5,769.82 0.75%
S&P 500 2,437.05 0.19%
FTSE 7,403.5 0.91%
Nikkei 19,920.29 0.23%
Market Reports are generated 3 times per day before the open of Tokyo, London and New York. These reports provide you with a snapshot of the technical outlook of the markets before the opening of the major financial centres.

Market movements show change in price from the same report 24 hours earlier.
Supporting RSI and Moving Averages are 34 candles
TP: Last Turning Point – used to identify Support (SL) and Resistance (RL) Levels

EUR/USD
15-Jun-22:00 -> 21-Jun-01:00
Target Level: 1.1123
SL: (B) 1.1123 4 hours low volatility level
RL: (A) 1.1146 4 hours high volatility level

Target Period: 4 hours

Interval 1 hour
Length 40 Candles
Identified 21-Jun-00:00
Possible bearish price movement towards the support 1.1123 within the next 4 hours.
Supported by Downward sloping Moving Average
USD/JPY
13-Jun-02:00 -> 21-Jun-01:00
Target Level: 111.7780
SL: (A) 111.3940 Last TP of Rising Wedge
RL: (B) 111.7780 Last TP of Rising Wedge

Target Period: 2 days

Interval 1 hour
Pattern Rising Wedge
Length 98 Candles
Identified 20-Jun-23:00
Rising Wedge identified at 20-Jun-23:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 111.7780 within the next 2 days.
Supported by Upward sloping Moving Average
GBP/USD
16-Jun-02:30 -> 21-Jun-00:30
Target Level: 1.2758
SL: (A) 1.2603 Last TP of Channel Down
RL: (B) 1.2758 Last TP of Channel Down

Target Period: 11 hours

Interval 30 Minutes
Pattern Channel Down
Length 90 Candles
Identified 20-Jun-21:00
Channel Down identified at 20-Jun-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2758 within the next 11 hours.
USD/CHF
01-Jun-11:00 -> 21-Jun-03:00
Target Level: 0.9771
SL: (A) 0.9696 Last TP of Rising Wedge
RL: (B) 0.9771 Last TP of Rising Wedge

Target Period: 22 hours

Interval 4 hour
Pattern Rising Wedge
Length 38 Candles
Identified 19-Jun-23:00
Rising Wedge identified at 19-Jun-23:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.9771 within the next 22 hours.
Supported by Upward sloping Moving Average
USD/CAD
19-Jun-02:00 -> 21-Jun-00:30
Target Level: 1.3284
SL: (A) 1.3249 Last TP of Channel Up
RL: (B) 1.3284 Last TP of Channel Up

Target Period: 8 hours

Interval 30 Minutes
Pattern Channel Up
Length 53 Candles
Identified 21-Jun-00:00
Channel Up identified at 21-Jun-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3284 within the next 8 hours.
Supported by Upward sloping Moving Average
NZD/USD
06-Jun-23:00 -> 21-Jun-03:00
Target Level: 0.7299
SL: (A) 0.7222 Last TP of Pennant
RL: (B) 0.7299 Last TP of Pennant

Target Period: 11 hours

Interval 4 hour
Pattern Pennant
Length 21 Candles
Identified 20-Jun-11:00
Pennant identified at 20-Jun-11:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7299 within the next 11 hours.
Supported by Upward sloping Moving Average
GBP/JPY
19-Jun-05:45 -> 21-Jun-00:15
Target Level: 140.5985
SL: (A) 140.5985 Last TP of Falling Wedge
RL: (B) 140.8315 Last TP of Falling Wedge

Target Period: 10 hours

Interval 15 Minutes
Pattern Falling Wedge
Length 122 Candles
Identified 20-Jun-23:45
Falling Wedge identified at 20-Jun-23:45. This pattern is still in the process of forming. Possible bearish price movement towards the support 140.5985 within the next 10 hours.
Supported by Downward sloping Moving Average
EUR/JPY
15-Jun-15:00 -> 21-Jun-00:30
Target Level: 124.6500
SL: (A) 123.9245 Last TP of Channel Up
RL: (B) 124.6500 Last TP of Channel Up

Target Period: 18 hours

Interval 30 Minutes
Pattern Channel Up
Length 116 Candles
Identified 20-Jun-23:30
Channel Up identified at 20-Jun-23:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 124.6500 within the next 18 hours.
EUR/CHF
16-Jun-12:30 -> 21-Jun-00:30
Target Level: 1.0880
SL: (A) 1.0851 Last TP of Falling Wedge
RL: (B) 1.0880 Last TP of Falling Wedge

Target Period: 11 hours

Interval 30 Minutes
Pattern Falling Wedge
Length 76 Candles
Identified 20-Jun-23:00
Falling Wedge identified at 20-Jun-23:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.0880 within the next 11 hours.
GBP/CHF
19-Jun-05:45 -> 21-Jun-00:15
Target Level: 1.2290
SL: (A) 1.2290 Last TP of Falling Wedge
RL: (B) 1.2319 Last TP of Falling Wedge

Target Period: 10 hours

Interval 15 Minutes
Pattern Falling Wedge
Length 123 Candles
Identified 21-Jun-00:00
Falling Wedge identified at 21-Jun-00:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2290 within the next 10 hours.
Supported by Downward sloping Moving Average
EUR/CAD
02-Jun-19:00 -> 21-Jun-03:00
Target Level: 1.4885
SL: (A) 1.4727 Last TP of Falling Wedge
RL: (B) 1.4829 Last TP of Falling Wedge

Target Period: 2 days

Interval 4 hour
Pattern Falling Wedge
Length 34 Candles
Identified 20-Jun-15:00
Falling Wedge has broken through the resistance line at 20-Jun-15:00. Possible bullish price movement forecast for the next 2 days towards 1.4885.
Supported by RSI below 40
EUR/NZD
06-Jun-19:00 -> 21-Jun-03:00
Target Level: 1.5343
SL: (A) 1.5343 Last TP of Falling Wedge
RL: (B) 1.5441 Last TP of Falling Wedge

Target Period: 12 hours

Interval 4 hour
Pattern Falling Wedge
Length 22 Candles
Identified 20-Jun-11:00
Falling Wedge identified at 20-Jun-11:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.5343 within the next 12 hours.
Supported by Downward sloping Moving Average
GBP/NZD
15-Jun-05:00 -> 21-Jun-00:30
Target Level: 1.7639
SL: (A) 1.7419 Last TP of Channel Down
RL: (B) 1.7639 Last TP of Channel Down

Target Period: 22 hours

Interval 30 Minutes
Pattern Channel Down
Length 135 Candles
Identified 21-Jun-00:00
Channel Down identified at 21-Jun-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.7639 within the next 22 hours.
Supported by RSI below 40
CAD/JPY
16-Jun-06:00 -> 21-Jun-00:30
Target Level: 83.8375
SL: (A) 83.8375 Last TP of Head and Shoulders
RL: (B) 84.1405 Last TP of Head and Shoulders

Target Period: 12 hours

Interval 30 Minutes
Pattern Head and Shoulders
Length 86 Candles
Identified 20-Jun-22:00
Head and Shoulders identified at 20-Jun-22:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 83.8375 within the next 12 hours.
Supported by Downward sloping Moving Average
CAD/CHF
12-Jun-18:00 -> 21-Jun-01:00
Target Level: 0.7314
SL: (A) 0.7331 Last TP of Channel Up
RL: (B) 0.7386 Last TP of Channel Up

Target Period: 21 hours

Interval 1 hour
Pattern Channel Up
Length 97 Candles
Identified 20-Jun-14:00
Channel Up has broken through the support line at 20-Jun-14:00. Possible bearish price movement forecast for the next 21 hours towards 0.7314.
Supported by Downward sloping Moving Average
CHF/JPY
14-Jun-12:30 -> 21-Jun-00:30
Target Level: 114.6575
SL: (A) 114.1280 Last TP of Rising Wedge
RL: (B) 114.6575 Last TP of Rising Wedge

Target Period: 2 days

Interval 30 Minutes
Pattern Rising Wedge
Length 164 Candles
Identified 20-Jun-23:30
Rising Wedge identified at 20-Jun-23:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 114.6575 within the next 2 days.
NZD/JPY
16-Jun-19:00 -> 21-Jun-00:30
Target Level: 80.5380
SL: (A) 80.5380 Last TP of Descending Triangle
RL: (B) 80.7910 Last TP of Descending Triangle

Target Period: 7 hours

Interval 30 Minutes
Pattern Descending Triangle
Length 61 Candles
Identified 20-Jun-21:30
Descending Triangle identified at 20-Jun-21:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 80.5380 within the next 7 hours.
Supported by Downward sloping Moving Average
XAU/USD
15-Jun-18:00 -> 21-Jun-00:00
Target Level: 1240.1922
SL: (B) 1240.1922 4 hours low volatility level
RL: (A) 1245.9778 4 hours high volatility level

Target Period: 4 hours

Interval 1 hour
Length 40 Candles
Identified 20-Jun-23:00
Possible bearish price movement towards the support 1240.1922 within the next 4 hours.
Supported by Downward sloping Moving Average
XAG/USD
14-Jun-13:00 -> 20-Jun-23:30
Target Level: 16.6445
SL: (A) 16.4040 Last TP of Channel Down
RL: (B) 16.6445 Last TP of Channel Down

Target Period: 23 hours

Interval 30 Minutes
Pattern Channel Down
Length 152 Candles
Identified 20-Jun-21:30
Channel Down identified at 20-Jun-21:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 16.6445 within the next 23 hours.
WTI
16-Jun-05:30 -> 20-Jun-23:30
Target Level: 44.7300
SL: (A) 42.9800 Last TP of Channel Down
RL: (B) 44.7300 Last TP of Channel Down

Target Period: 8 hours

Interval 30 Minutes
Pattern Channel Down
Length 77 Candles
Identified 20-Jun-18:30
Channel Down identified at 20-Jun-18:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 44.7300 within the next 8 hours.

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