Tuesday, January 12, 2021

CHF/JPY forex chart

 

CHF/JPY
16-Dec-10:00 -> 12-Jan-14:00
Target Level: 116.4635
 
SL: (A) 116.4635 Last TP of Rising Wedge
RL: (B) 117.5940 Last TP of Rising Wedge
Target Period: 2 days
 
Interval4 hour
PatternRising Wedge
Length55 Candles
Identified11-Jan-02:00
Rising Wedge identified at 11-Jan-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.4635 within the next 2 days.
Supported by Downward sloping Moving Average
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GBP/JPY

 

GBP/JPY
29-Dec-23:00 -> 12-Jan-11:00
Target Level: 142.3095
 
SL: (A) 140.3420 Last TP of Ascending Triangle
Target Period: 2 days
 
Interval1 hour
PatternAscending Triangle
Length154 Candles
Identified12-Jan-10:00
Ascending Triangle has broken through the resistance line at 12-Jan-10:00. Possible bullish price movement forecast for the next 2 days towards 142.3095.
Supported by Upward sloping Moving Average

Monday, January 11, 2021

EUR/CAD

 

At least 20 pip forecast
- The key level and chart pattern were at most 5 candles apart at time of identification
 



Symbol : EURCAD   

Direction :
Identified time : 2021-01-11 09:04 EST
Breakout price : 1.55861
Forecast price : 1.56148
Forecast pips : 29
Probability : 66.45 %
Pattern : Triangle
Interval : 60 Min


Pattern : Resistance
Interval : 30 Min
       

EUR/CHF

 

EUR/CHF
24-Dec-14:00 -> 11-Jan-12:00
Target Level: 1.0868
 
SL: (A) 1.0810 Last TP of Inverse Head and Shoulders
RL: (B) 1.0868 Last TP of Inverse Head and Shoulders
Target Period: 3 days
 
Interval1 hour
PatternInverse Head and Shoulders
Length185 Candles
Identified11-Jan-11:00
Inverse Head and Shoulders identified at 11-Jan-11:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.0868 within the next 3 days.

CHF/JPY

 

CHF/JPY
16-Dec-10:00 -> 11-Jan-14:00
Target Level: 116.4635
 
SL: (A) 116.4635 Last TP of Rising Wedge
RL: (B) 117.5940 Last TP of Rising Wedge
Target Period: 3 days
 
Interval4 hour
PatternRising Wedge
Length55 Candles
Identified11-Jan-02:00
Rising Wedge identified at 11-Jan-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.4635 within the next 3 days.
Supported by Downward sloping Moving Average