Forex Market News FX charts.

Thursday, August 13, 2015

Forex USD/JPY

Summary :
Target Level : 123.7521
Target Period : 3 days
Analysis :
Rising Wedge has broken through the support line at 12-Aug-12:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 123.752.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 125.2725Last resistance turning point of Rising Wedge.
Support Levels
( A ) 124.074Last support turning point of Rising Wedge.

Tuesday, August 11, 2015

USD/CAD

Summary :
Target Level : 1.2952
Target Period : 3 days
Analysis :
Triangle has broken through the support line at 10-Aug-16:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.295.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.318Last resistance turning point of Triangle.

Support Levels
( A ) 1.3049Last support turning point of Triangle.

Tuesday, August 4, 2015

European Central Bank's

The European Central Bank's balance sheet increased last week by EUR11.4 billion, as the central bank's lending to eurozone financial institutions and its bond buys lifted the balance sheet's volume. The balance sheet, or the value of the assets on the ECB's books, now sits at EUR2.54 trillion. The ECB's purchases of EUR60 billion in mostly government bonds per month between March of this year and Sept. 2016 should bring the size of the balance sheet above EUR3 trillion.

Monday, August 3, 2015

AUD/USD Chart

Summary :
Target Level : 0.7394
Target Period : 3 days
Analysis :
Falling Wedge has broken through the resistance line at 31-Jul-16:00 2015 GMT. Possible bullish price movement forecast for the next 3 days towards 0.739.
Resistance Levels :
( B ) 0.7345Last resistance turning point of Falling Wedge.
Support Levels
( A ) 0.7235Last support turning point of Falling Wedge.

Tuesday, July 28, 2015

Chart EUR/USD

Summary :
Target Level : 1.0929
Target Period : 2 days
Analysis :
Channel Up identified at 28-Jul-04:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.093 within the next 2 days.
Resistance Levels :
( B ) 1.113Last resistance turning point of Channel Up.

Support Levels
( A ) 1.0929Last support turning point of Channel Up.

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