GBP/USD: Rising Wedge identified at 30-Jun-05:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2957 within the next 7 hours. Supported by Downward sloping Moving Average

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Market Movements Report Time: 30-Jun-2017 08:16 CEST
Symbol Latest Price Daily Change
EURUSD 1.143 0.21%
USDJPY 111.997 0.28%
GBPUSD 1.301 0.32%
USDCHF 0.957 0.18%
Dow 21,287.03 0.49%
Nasdaq 5,752.64 0.87%
S&P 500 2,419.84 0.79%
FTSE 7,279.5 1.13%
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
27-Jun-06:00 -> 30-Jun-09:00
Target Level: 1.1455
SL: (B) 1.1405 4 hours low volatility level
RL: (A) 1.1455 4 hours high volatility level

Target Period: 4 hours

Interval 1 hour
Length 40 Candles
Identified 30-Jun-08:00
Possible bullish price movement towards the resistance 1.1455 within the next 4 hours.
Supported by Upward sloping Moving Average
USD/JPY
27-Jun-06:00 -> 30-Jun-09:00
Target Level: 111.7350
SL: (B) 111.7350 4 hours low volatility level
RL: (A) 112.2640 4 hours high volatility level

Target Period: 4 hours

Interval 1 hour
Length 40 Candles
Identified 30-Jun-08:00
Possible bearish price movement towards the support 111.7350 within the next 4 hours.
Supported by Downward sloping Moving Average
GBP/USD
28-Jun-12:45 -> 30-Jun-08:15
Target Level: 1.2957
SL: (A) 1.2957 Last TP of Rising Wedge
RL: (B) 1.3030 Last TP of Rising Wedge

Target Period: 7 hours

Interval 15 Minutes
Pattern Rising Wedge
Length 118 Candles
Identified 30-Jun-05:30
Rising Wedge identified at 30-Jun-05:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2957 within the next 7 hours.
Supported by Downward sloping Moving Average
AUD/USD
26-Jun-23:00 -> 30-Jun-09:00
Target Level: 0.7651
SL: (A) 0.7662 Last TP of Rising Wedge
RL: (B) 0.7713 Last TP of Rising Wedge

Target Period: 13 hours

Interval 1 hour
Pattern Rising Wedge
Length 43 Candles
Identified 30-Jun-08:00
Rising Wedge has broken through the support line at 30-Jun-08:00. Possible bearish price movement forecast for the next 13 hours towards 0.7651.
Supported by RSI above 60
NZD/USD
08-Jun-23:00 -> 30-Jun-11:00
Target Level: 0.7343
SL: (A) 0.7254 Last TP of Rising Wedge
RL: (B) 0.7343 Last TP of Rising Wedge

Target Period: 19 hours

Interval 4 hour
Pattern Rising Wedge
Length 45 Candles
Identified 28-Jun-19:00
Rising Wedge identified at 28-Jun-19:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7343 within the next 19 hours.
Supported by Upward sloping Moving Average
EUR/JPY
27-Jun-19:30 -> 30-Jun-08:15
Target Level: 128.7870
SL: (A) 127.8075 Last TP of Channel Up
RL: (B) 128.7870 Last TP of Channel Up

Target Period: 15 hours

Interval 15 Minutes
Pattern Channel Up
Length 188 Candles
Identified 30-Jun-07:30
Channel Up identified at 30-Jun-07:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 128.7870 within the next 15 hours.
GBP/CHF
13-Jun-12:00 -> 30-Jun-09:00
Target Level: 1.2523

Target Period: 3 days

Interval 1 hour
Pattern Resistance
Length 249 Candles
Identified 30-Jun-07:00
Broke through Resistance level of 1.2451 at 30-Jun-07:00
Supported by Upward sloping Moving Average
EUR/CAD
15-Jun-11:00 -> 30-Jun-11:00
Target Level: 1.4784
SL: (A) 1.4784 Last TP of Triangle
RL: (B) 1.4897 Last TP of Triangle

Target Period: 2 days

Interval 4 hour
Pattern Triangle
Length 28 Candles
Identified 30-Jun-03:00
Triangle identified at 30-Jun-03:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.4784 within the next 2 days.
Supported by Downward sloping Moving Average
GBP/CAD
27-Jun-01:00 -> 30-Jun-09:00
Target Level: 1.6861
SL: (A) 1.6866 Last TP of Triangle
RL: (B) 1.6938 Last TP of Triangle

Target Period: 6 hours

Interval 1 hour
Pattern Triangle
Length 37 Candles
Identified 30-Jun-03:00
Triangle has broken through the support line at 30-Jun-03:00. Possible bearish price movement forecast for the next 6 hours towards 1.6861.
EUR/NZD
29-Jun-06:30 -> 30-Jun-08:15
Target Level: 1.5592
SL: (A) 1.5592 Last TP of Falling Wedge
RL: (B) 1.5618 Last TP of Falling Wedge

Target Period: 5 hours

Interval 15 Minutes
Pattern Falling Wedge
Length 62 Candles
Identified 30-Jun-08:00
Falling Wedge identified at 30-Jun-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.5592 within the next 5 hours.
Supported by Downward sloping Moving Average
CAD/JPY
27-Jun-16:00 -> 30-Jun-09:00
Target Level: 85.8565
SL: (A) 85.8565 Last TP of Falling Wedge
RL: (B) 86.3505 Last TP of Falling Wedge

Target Period: 6 hours

Interval 1 hour
Pattern Falling Wedge
Length 26 Candles
Identified 30-Jun-06:00
Falling Wedge identified at 30-Jun-06:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 85.8565 within the next 6 hours.
CHF/JPY
27-Jun-11:00 -> 30-Jun-08:30
Target Level: 117.7905
SL: (A) 116.8220 Last TP of Channel Up
RL: (B) 117.7905 Last TP of Channel Up

Target Period: 15 hours

Interval 30 Minutes
Pattern Channel Up
Length 95 Candles
Identified 30-Jun-08:00
Channel Up identified at 30-Jun-08:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 117.7905 within the next 15 hours.
NZD/JPY
06-Jun-23:00 -> 30-Jun-11:00
Target Level: 81.1338
SL: (A) 80.1715 Last TP of Rising Wedge
RL: (B) 82.3660 Last TP of Rising Wedge

Target Period: 3 days

Interval 4 hour
Pattern Rising Wedge
Length 61 Candles
Identified 29-Jun-19:00
Rising Wedge has broken through the support line at 29-Jun-19:00. Possible bearish price movement forecast for the next 3 days towards 81.1338.
Supported by RSI above 60
XAU/USD
15-Jun-15:00 -> 30-Jun-11:00
Target Level: 1254.8100
SL: (A) 1239.8750 Last TP of Triangle
RL: (B) 1254.8100 Last TP of Triangle

Target Period: 2 days

Interval 4 hour
Pattern Triangle
Length 27 Candles
Identified 30-Jun-03:00
Triangle identified at 30-Jun-03:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1254.8100 within the next 2 days.
XAG/USD
28-Jun-03:30 -> 30-Jun-08:15
Target Level: 16.6075
SL: (A) 16.6075 Last TP of Falling Wedge
RL: (B) 16.6905 Last TP of Falling Wedge

Target Period: 12 hours

Interval 15 Minutes
Pattern Falling Wedge
Length 153 Candles
Identified 30-Jun-08:00
Falling Wedge identified at 30-Jun-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 16.6075 within the next 12 hours.
Supported by Downward sloping Moving Average
WTI
20-Jun-17:00 -> 30-Jun-09:00
Target Level: 45.5500
SL: (A) 44.8000 Last TP of Rising Wedge
RL: (B) 45.5500 Last TP of Rising Wedge

Target Period: 2 days

Interval 1 hour
Pattern Rising Wedge
Length 126 Candles
Identified 30-Jun-05:00
Rising Wedge identified at 30-Jun-05:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 45.5500 within the next 2 days.
Supported by Upward sloping Moving Average
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