Wednesday, September 30, 2015

EUR/USD

Summary :
Target Level : 1.1117
Target Period : 2 days

Analysis :
Triangle identified at 29-Sep-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.112 within the next 2 days.

Supporting Indicators :
RSI above 60

Resistance Levels :
( B ) 1.1281Last resistance turning point of Triangle.

Support Levels
( A ) 1.1117Last support turning point of Triangle.

 

Monday, September 28, 2015

EUR/USD Chart

Summary :
Target Level : 1.1117
Target Period : 2 days

Analysis :
Descending Triangle identified at 28-Sep-04:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.112 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.1213Last resistance turning point of Descending Triangle.

Support Levels
( A ) 1.1117Last support turning point of Descending Triangle.


 

Thursday, September 24, 2015

Forex USD/JPY Chart

Summary :
Target Level : 120.6555
Target Period : 2 days

Analysis :
Triangle identified at 23-Sep-12:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 120.656 within the next 2 days.

Supporting Indicators :
RSI below 40

Resistance Levels :
( B ) 120.6555Last resistance turning point of Triangle.

Support Levels
( A ) 119.6395Last support turning point of Triangle.


 

Monday, September 21, 2015

CHF/JPY

Summary :
Target Level : 122.9138
Target Period : 3 days

Analysis :
Channel Up has broken through the support line at 18-Sep-20:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 122.914.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 125.2995Last resistance turning point of Channel Up.

Support Levels
( A ) 123.162Last support turning point of Channel Up.


 

Wednesday, September 16, 2015

GBP/CHF chart

Summary :
Target Level : 1.4912
Target Period : 2 days

Analysis :
Descending Triangle identified at 16-Sep-00:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.491 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.4984Last resistance turning point of Descending Triangle.

Support Levels
( A ) 1.4912Last support turning point of Descending Triangle.

 

Monday, September 14, 2015

USD/CAD Chart

Summary :
Target Level : 1.3324
Target Period : 3 days

Analysis :
Ascending Triangle identified at 11-Sep-08:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.332 within the next 3 days.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 1.3324Last resistance turning point of Ascending Triangle.

Support Levels
( A ) 1.3156Last support turning point of Ascending Triangle.


 

Tuesday, September 8, 2015

EUR/GBP chart

Summary :
Target Level : 0.7284
Target Period : 2 days

Analysis :
Triangle identified at 07-Sep-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.728 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 0.7355Last resistance turning point of Triangle.

Support Levels
( A ) 0.7284Last support turning point of Triangle.


 

Thursday, September 3, 2015

Forex GBP/USD

Summary :
Target Level : 1.5476
Target Period : 3 days

Analysis :
Falling Wedge has broken through the resistance line at 02-Sep-16:00 2015 GMT. Possible bullish price movement forecast for the next 3 days towards 1.548.

Resistance Levels :
( B ) 1.5408Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.5265Last support turning point of Falling Wedge.