Monday, February 1, 2021

GBPUSD 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 : GBPUSD   

Direction :
Identified time : 2021-02-01 09:02 EST
Breakout price : 1.3678
Forecast price : 1.3658
Forecast pips : 20
Probability : 68.93 %
Pattern : Rising Wedge
Interval : 60 Min


Pattern : Rising Wedge
Interval : 60 Min

NZD/JPY

 

NZD/JPY
29-Dec-06:00 -> 01-Feb-14:00
Target Level: 75.7523
 
SL: (A) 74.1275 Last TP of Triangle
Target Period: 2 days
 
Interval4 hour
PatternTriangle
Length90 Candles
Identified29-Jan-10:00
Triangle has broken through the resistance line at 29-Jan-10:00. Possible bullish price movement forecast for the next 2 days towards 75.7523.
Supported by Upward sloping Moving Average

EUR/USD

 

EUR/USD
18-Jan-17:00 -> 01-Feb-11:00
Target Level: 1.2044
Target Period: 2 days
 
Interval1 hour
PatternSupport
Length182 Candles
Identified01-Feb-11:00
Broke through Support level of 1.2093 at 01-Feb-11:00
Supported by Downward sloping Moving Average

Sunday, January 31, 2021

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Friday, January 29, 2021

AUD/JPY forex chart

 

AUD/JPY
06-Jan-06:00 -> 29-Jan-14:00
Target Level: 80.4435
 
SL: (A) 79.2045 Last TP of Channel Down
RL: (B) 80.4435 Last TP of Channel Down
Target Period: 3 days
 
Interval4 hour
PatternChannel Down
Length60 Candles
Identified28-Jan-22:00
Channel Down identified at 28-Jan-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 80.4435 within the next 3 days.
Supported by Upward sloping Moving Average