EUR/USD: Rising Wedge identified at 29-Jun-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1292 within the next 16 hours.

to view this report online.

Forex Report
Market Summary   Notifications
Upcoming High Impact Economic Releases   Daily Notification
GDP Growth Rate QoQ Final 29-Jun-14:30  
GDP Growth Rate YoY Final 30-Jun-10:30  
GfK Consumer Confidence 30-Jun-01:05  
Inflation Rate YoY 30-Jun-01:30  
Inflation Rate YoY Prel 29-Jun-14:00  
KOF Leading Indicators 30-Jun-09:00  
Unemployment Change 30-Jun-09:55  
Unemployment Rate 30-Jun-09:55  
 

Untitled-1

Navigate the markets with confidence and security:

  • Low spreads from 0.0 pips
  • Ultra-fast execution speed
  • ECN/STP technology with no requotes
  • No restrictions on profitability

Start trading with Tickmill today!

 

Market Movements Report Time: 29-Jun-2017 13:15 CEST
Symbol Latest Price Daily Change
EURUSD 1.141 0.28%
USDJPY 112.548 0.39%
GBPUSD 1.296 1.05%
USDCHF 0.958 0.13%
Dow 21,454.61 0.23%
Nasdaq 5,752.64 0.87%
S&P 500 2,440.27 0.08%
FTSE 7,341 0.16%
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
23-Jun-19:00 -> 29-Jun-14:00
Target Level: 1.1292
SL: (A) 1.1292 Last TP of Rising Wedge
RL: (B) 1.1435 Last TP of Rising Wedge

Target Period: 16 hours

Interval 1 hour
Pattern Rising Wedge
Length 51 Candles
Identified 29-Jun-13:00
Rising Wedge identified at 29-Jun-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1292 within the next 16 hours.
USD/JPY
26-Jun-13:00 -> 29-Jun-13:30
Target Level: 112.8223
SL: (A) 112.1360 Last TP of Ascending Triangle

Target Period: 12 hours

Interval 30 Minutes
Pattern Ascending Triangle
Length 95 Candles
Identified 29-Jun-10:00
Ascending Triangle has broken through the resistance line at 29-Jun-10:00. Possible bullish price movement forecast for the next 12 hours towards 112.8223.
Supported by Upward sloping Moving Average
GBP/USD
27-Jun-20:00 -> 29-Jun-13:30
Target Level: 1.2940
SL: (A) 1.2967 Last TP of Rising Wedge
RL: (B) 1.3007 Last TP of Rising Wedge

Target Period: 5 hours

Interval 30 Minutes
Pattern Rising Wedge
Length 42 Candles
Identified 29-Jun-12:00
Rising Wedge has broken through the support line at 29-Jun-12:00. Possible bearish price movement forecast for the next 5 hours towards 1.2940.
NZD/USD
08-Jun-23:00 -> 29-Jun-15:00
Target Level: 0.7343
SL: (A) 0.7254 Last TP of Rising Wedge
RL: (B) 0.7343 Last TP of Rising Wedge

Target Period: 2 days

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 2 days.
Supported by Upward sloping Moving Average
EUR/CHF
22-Jun-22:00 -> 29-Jun-13:30
Target Level: 1.0885
SL: (A) 1.0885 Last TP of Channel Up
RL: (B) 1.0947 Last TP of Channel Up

Target Period: 2 days

Interval 30 Minutes
Pattern Channel Up
Length 170 Candles
Identified 29-Jun-12:30
Channel Up identified at 29-Jun-12:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0885 within the next 2 days.
EUR/CAD
22-Jun-14:00 -> 29-Jun-13:30
Target Level: 1.4784
SL: (A) 1.4784 Last TP of Head and Shoulders
RL: (B) 1.4890 Last TP of Head and Shoulders

Target Period: 2 days

Interval 30 Minutes
Pattern Head and Shoulders
Length 186 Candles
Identified 29-Jun-13:00
Head and Shoulders identified at 29-Jun-13:00. 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-02:00 -> 29-Jun-14:00
Target Level: 1.6821
SL: (A) 1.6873 Last TP of Triangle
RL: (B) 1.6938 Last TP of Triangle

Target Period: 7 hours

Interval 1 hour
Pattern Triangle
Length 23 Candles
Identified 29-Jun-13:00
Triangle has broken through the support line at 29-Jun-13:00. Possible bearish price movement forecast for the next 7 hours towards 1.6821.
EUR/NZD
15-Jun-19:00 -> 29-Jun-15:00
Target Level: 1.5680
SL: (A) 1.5543 Last TP of Rising Wedge
RL: (B) 1.5680 Last TP of Rising Wedge

Target Period: 23 hours

Interval 4 hour
Pattern Rising Wedge
Length 22 Candles
Identified 29-Jun-11:00
Rising Wedge identified at 29-Jun-11:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.5680 within the next 23 hours.
Supported by Upward sloping Moving Average
CAD/CHF
22-Jun-21:00 -> 29-Jun-13:00
Target Level: 0.7373
SL: (A) 0.7342 Last TP of Rising Wedge
RL: (B) 0.7373 Last TP of Rising Wedge

Target Period: 23 hours

Interval 1 hour
Pattern Rising Wedge
Length 71 Candles
Identified 29-Jun-13:00
Rising Wedge identified at 29-Jun-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7373 within the next 23 hours.
Supported by Upward sloping Moving Average
CHF/JPY
27-Jun-19:30 -> 29-Jun-13:30
Target Level: 116.9580
SL: (A) 116.9580 Last TP of Rising Wedge
RL: (B) 117.7125 Last TP of Rising Wedge

Target Period: 6 hours

Interval 30 Minutes
Pattern Rising Wedge
Length 43 Candles
Identified 29-Jun-12:00
Rising Wedge identified at 29-Jun-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.9580 within the next 6 hours.
NZD/JPY
22-Jun-22:00 -> 29-Jun-13:30
Target Level: 81.3115
SL: (A) 81.3115 Last TP of Channel Up
RL: (B) 82.3660 Last TP of Channel Up

Target Period: 2 days

Interval 30 Minutes
Pattern Channel Up
Length 170 Candles
Identified 29-Jun-12:30
Channel Up identified at 29-Jun-12:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 81.3115 within the next 2 days.
XAU/USD
13-Jun-15:00 -> 29-Jun-15:00
Target Level: 1236.2250
SL: (A) 1236.2250 Last TP of Channel Down
RL: (B) 1254.8100 Last TP of Channel Down

Target Period: 18 hours

Interval 4 hour
Pattern Channel Down
Length 30 Candles
Identified 28-Jun-19:00
Channel Down identified at 28-Jun-19:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1236.2250 within the next 18 hours.
Supported by Downward sloping Moving Average
XAG/USD
26-Jun-21:30 -> 29-Jun-13:30
Target Level: 16.7107
SL: (A) 16.7250 Last TP of Rising Wedge
RL: (B) 16.9035 Last TP of Rising Wedge

Target Period: 9 hours

Interval 30 Minutes
Pattern Rising Wedge
Length 74 Candles
Identified 29-Jun-10:00
Rising Wedge has broken through the support line at 29-Jun-10:00. Possible bearish price movement forecast for the next 9 hours towards 16.7107.
Supported by Downward sloping Moving Average
WTI
28-Jun-06:15 -> 29-Jun-13:00
Target Level: 45.3550
SL: (A) 45.0000 Last TP of Rising Wedge
RL: (B) 45.3550 Last TP of Rising Wedge

Target Period: 6 hours

Interval 15 Minutes
Pattern Rising Wedge
Length 77 Candles
Identified 29-Jun-12:45
Rising Wedge identified at 29-Jun-12:45. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 45.3550 within the next 6 hours.
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

You must be logged in to post a comment.

Testimonials - StockExchange.CO