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.
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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 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
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