Summary : Target Level : 1.0971
Target Period : 2 days
Analysis :
Inverse Head and Shoulders has broken through the resistance line at 10-Jan-23:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 1.097.
Supporting Indicators :
Upward sloping Moving Average
Resistance Levels :
( B ) 1.094Last resistance turning point of Inverse Head and Shoulders.
Support Levels
( A ) 1.0803Last support turning point of Inverse Head and Shoulders.
Summary : Target Level : 1.0827
Target Period : 2 days
Analysis :
Triangle identified at 07-Jan-03:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.083 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 1.0868Last resistance turning point of Triangle.
Support Levels
( A ) 1.0827Last support turning point of Triangle.
Summary : Target Level : 0.7335
Target Period : 2 days
Analysis :
Channel Up identified at 04-Jan-17:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.734 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.7424Last resistance turning point of Channel Up.
Support Levels
( A ) 0.7335Last support turning point of Channel Up.
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.
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.
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.
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.
