Thursday, June 11, 2020

EUR/USD



The following assumptions that have been made:
- At least 20 pip forecast
- The key level and chart pattern were at most 5 candles apart at time of identification
 



Symbol : EURUSD   

Direction : 
Identified time : 2020-06-11 19:00 BST
Breakout price : 1.13182
Forecast price : 1.12908
Forecast pips : 27
Probability : 67.67 %

Pattern : Triangle
Interval : 60 Min


Pattern : Rising Wedge
Interval : 60 Min

Wednesday, June 10, 2020

GBP/JPY forex chart



The following assumptions that have been made:
- At least 20 pip forecast
- The key level and chart pattern were at most 5 candles apart at time of identification
 



Symbol : GBPJPY   

Direction :
Identified time : 2020-06-10 13:04 BST
Breakout price : 137.311
Forecast price : 137.5396
Forecast pips : 23
Probability : 66.47 %

Pattern : Triangle
Interval : 60 Min


Pattern : Triangle
Interval : 60 Min

Monday, June 8, 2020

GBP/JPY forex chart



The following assumptions that have been made:
- At least 20 pip forecast
- The key level and chart pattern were at most 5 candles apart at time of identification
 



Symbol : GBPJPY   

Direction : 
Identified time : 2020-06-09 01:45 BST
Breakout price : 137.783
Forecast price : 137.49537
Forecast pips : 29
Probability : 68.54 %
Pattern : Channel Up
Interval : 15 Min

Pattern : Support
Interval : 15 Min

Canadian dollar 6/8

 Canadian dollar to continue its recovery against the U.S. dollar in the near term due to ongoing coronavirus uncertainty and U.S.-China tensions. The loosening of coronavirus restrictions increases the risk of a second wave of infections while the "actual" economic effects of lockdowns will "only become clear" when hard second quarter data are published, Commerzbank's You-Na Park-Heger says. "We are therefore sceptical that the risk-on market sentiment will last." Meanwhile, the "tense relationship" between the U.S. and China could also have a "stronger influence" on financial markets, she says. Commerzbank expects USD/CAD to stabilize at current levels "for the time being." USD/CAD falls 0.3% to 1.3394.

Friday, June 5, 2020

USD/ZAR chart



The following assumptions that have been made:
- At least 20 pip forecast
- The key level and chart pattern were at most 5 candles apart at time of identification
 



Symbol : USDZAR   

Direction :
Identified time : 2020-06-05 11:30 BST
Breakout price : 16.8687
Forecast price : 16.96003
Forecast pips : 91
Probability : 69.84 %

Pattern : Falling Wedge
Interval : 30 Min


Pattern : Resistance
Interval : 30 Min

Wednesday, June 3, 2020

GBP/CAD forex chart



The following assumptions that have been made:
- At least 20 pip forecast
- The key level and chart pattern were at most 5 candles apart at time of identification
 



Symbol : GBPCAD   

Direction :
Identified time : 2020-06-03 15:04 BST
Breakout price : 1.69937
Forecast price : 1.6964
Forecast pips : 30
Probability : 67.74 %

Pattern : Channel Up
Interval : 15 Min


Pattern : Channel Up
Interval : 30 Min