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
to view this report online.
Forex Report
Market Summary
Notifications
Upcoming High Impact Economic Releases
Daily Notification
GDP Growth Rate QoQ Final30-Jun-10:30
GDP Growth Rate YoY Final30-Jun-10:30
KOF Leading Indicators30-Jun-09:00
Unemployment Change30-Jun-09:55
Unemployment Rate30-Jun-09:55
Navigate the markets with confidence and security:
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
Disclaimer
The research contained in this report should not be construed as a solicitation to trade. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice.
STOCKEXCHANGE.EU, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damage, consequential or otherwise, which may arise from the use or reliance on the service and its content.
No representation is being made that any results discussed within the service and its related media content will be achieved, and past performance is not indicative of future performance.
0 comments