EUR/USD: Falling Wedge identified at 21-Jun-03:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1213 within the next 2 days.
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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 12-Jun-21:00 -> 21-Jun-09:00
Target Level: 1.1213
SL:
(A)
1.1119
Last TP of Falling Wedge
RL:
(B)
1.1213
Last TP of Falling Wedge
Target Period: 2 days
Interval
1 hour
Pattern
Falling Wedge
Length
106 Candles
Identified
21-Jun-03:00
Falling Wedge identified at 21-Jun-03:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1213 within the next 2 days.
USD/JPY 15-Jun-22:30 -> 21-Jun-08:15
Target Level: 111.7780
SL:
(A)
111.1890
Last TP of Channel Up
RL:
(B)
111.7780
Last TP of Channel Up
Target Period: 22 hours
Interval
15 Minutes
Pattern
Channel Up
Length
265 Candles
Identified
21-Jun-07:45
Channel Up identified at 21-Jun-07:45. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 111.7780 within the next 22 hours.
USD/CHF 01-Jun-11:00 -> 21-Jun-11:00
Target Level: 0.9771
SL:
(A)
0.9696
Last TP of Rising Wedge
RL:
(B)
0.9771
Last TP of Rising Wedge
Target Period: 14 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 14 hours. Supported by Upward sloping Moving Average
NZD/USD 13-Jun-23:00 -> 21-Jun-09:00
Target Level: 0.7194
SL:
(A)
0.7220
Last TP of Triangle
RL:
(B)
0.7268
Last TP of Triangle
Target Period: 21 hours
Interval
1 hour
Pattern
Triangle
Length
82 Candles
Identified
21-Jun-03:00
Triangle has broken through the support line at 21-Jun-03:00. Possible bearish price movement forecast for the next 21 hours towards 0.7194. Supported by Downward sloping Moving Average
EUR/CAD 02-Jun-19:00 -> 21-Jun-11:00
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
GBP/CAD 16-Jun-22:45 -> 21-Jun-08:15
Target Level: 1.6749
SL:
(A)
1.6749
Last TP of Falling Wedge
RL:
(B)
1.6779
Last TP of Falling Wedge
Target Period: 15 hours
Interval
15 Minutes
Pattern
Falling Wedge
Length
178 Candles
Identified
21-Jun-08:00
Falling Wedge identified at 21-Jun-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.6749 within the next 15 hours. Supported by Downward sloping Moving Average
GBP/NZD 07-Jun-19:00 -> 21-Jun-11:00
Target Level: 1.7639
SL:
(A)
1.7419
Last TP of Flag
RL:
(B)
1.7639
Last TP of Flag
Target Period: 23 hours
Interval
4 hour
Pattern
Flag
Length
21 Candles
Identified
21-Jun-07:00
Flag identified at 21-Jun-07:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.7639 within the next 23 hours. Supported by RSI below 40
CAD/JPY 02-Jun-19:00 -> 21-Jun-11:00
Target Level: 83.0500
SL:
(A)
82.5700
Last TP of Channel Up
RL:
(B)
84.2440
Last TP of Channel Up
Target Period: 2 days
Interval
4 hour
Pattern
Channel Up
Length
37 Candles
Identified
21-Jun-03:00
Channel Up has broken through the support line at 21-Jun-03:00. Possible bearish price movement forecast for the next 2 days towards 83.0500.
CAD/CHF 19-Jun-22:15 -> 21-Jun-08:15
Target Level: 0.7364
SL:
(A)
0.7338
Last TP of Triangle
RL:
(B)
0.7364
Last TP of Triangle
Target Period: 7 hours
Interval
15 Minutes
Pattern
Triangle
Length
90 Candles
Identified
21-Jun-07:30
Triangle identified at 21-Jun-07:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7364 within the next 7 hours.
XAU/USD 30-May-07:00 -> 21-Jun-11:00
Target Level: 1281.1850
SL:
(A)
1243.1300
Last TP of Channel Down
RL:
(B)
1281.1850
Last TP of Channel Down
Target Period: 3 days
Interval
4 hour
Pattern
Channel Down
Length
57 Candles
Identified
21-Jun-07:00
Channel Down identified at 21-Jun-07:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1281.1850 within the next 3 days.
XAG/USD 30-May-23:00 -> 21-Jun-11:00
Target Level: 17.3685
SL:
(A)
16.4040
Last TP of Channel Down
RL:
(B)
17.3685
Last TP of Channel Down
Target Period: 3 days
Interval
4 hour
Pattern
Channel Down
Length
52 Candles
Identified
21-Jun-03:00
Channel Down identified at 21-Jun-03:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 17.3685 within the next 3 days.
WTI 06-Jun-08:00 -> 21-Jun-09:00
Target Level: 45.2700
SL:
(A)
42.9800
Last TP of Falling Wedge
RL:
(B)
45.2700
Last TP of Falling Wedge
Target Period: 3 days
Interval
1 hour
Pattern
Falling Wedge
Length
195 Candles
Identified
21-Jun-03:00
Falling Wedge identified at 21-Jun-03:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 45.2700 within the next 3 days.
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