Tuesday, December 29, 2015

EUR/CHF

Summary : Target Level : 1.08
Target Period :
2 days

Analysis :
Rising Wedge identified at 29-Dec-01:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.08 within the next 2 days.

Resistance Levels :
( B ) 1.0855Last resistance turning point of Rising Wedge.

Support Levels
( A ) 1.08Last support turning point of Rising Wedge.


 

Thursday, December 17, 2015

AUD/USD chart

Summary : Target Level : 0.7161
Target Period :
2 days

Analysis :
Rectangle identified at 17-Dec-01:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.716 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 0.728Last resistance turning point of Rectangle.

Support Levels
( A ) 0.7161Last support turning point of Rectangle.

 

Wednesday, December 16, 2015

EUR /USD

Summary : Target Level : 1.0835
Target Period :
3 days

Analysis :
Rising Wedge has broken through the support line at 15-Dec-17:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.084.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( A ) 1.106Last resistance turning point of Rising Wedge.



 

Tuesday, December 15, 2015

GBP/ USD Chart

Summary : Target Level : 1.4957
Target Period :
3 days

Analysis :
Channel Up identified at 14-Dec-09:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.496 within the next 3 days.

Resistance Levels :
( B ) 1.524Last resistance turning point of Channel Up.

Support Levels
( A ) 1.4957Last support turning point of Channel Up.

 

Thursday, December 10, 2015

GBP/USD Chart

Summary : Target Level : 1.4957
Target Period :
2 days

Analysis :
Channel Up identified at 10-Dec-03:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.496 within the next 2 days.

Supporting Indicators :
RSI above 60

Resistance Levels :
( B ) 1.5196Last resistance turning point of Channel Up.

Support Levels
( A ) 1.4957Last support turning point of Channel Up.


 

Tuesday, December 8, 2015

USD/JPY Chart

Summary : Target Level : 122.3005
Target Period :
3 days

Analysis :
Descending Triangle identified at 08-Dec-05:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 122.3 within the next 3 days.

Resistance Levels :
( B ) 123.4755Last resistance turning point of Descending Triangle.

Support Levels
( A ) 122.3005Last support turning point of Descending Triangle.


 

Thursday, December 3, 2015

USD/JPY Chart

Summary : Target Level : 122.641
Target Period :
2 days

Analysis :
Channel Up identified at 03-Dec-00:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 122.641 within the next 2 days.

Supporting Indicators :
RSI above 60

Resistance Levels :
( B ) 123.668Last resistance turning point of Channel Up.

Support Levels
( A ) 122.641Last support turning point of Channel Up.