EUR/USD

 

EUR/USD 04-Jan-02:00 -> 08-Feb-22:00 Target Level: 1.2190

SL: (A) 1.1953 Last TP of Channel Down RL: (B) 1.2190 Last TP of Channel Down Target Period: 2 days   Interval 4 hour Pattern Channel Down Length 104 Candles Identified 05-Feb-18:00

Channel Down identified at 05-Feb-18:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2190 within the next 2 days. Supported by Upward sloping Moving Average

EUR/GBP forex chart

 

EUR/GBP 19-Jan-10:00 -> 08-Feb-22:00 Target Level: 0.8739

SL: (A) 0.8739 Last TP of Falling Wedge RL: (B) 0.8792 Last TP of Falling Wedge Target Period: 3 days   Interval 4 hour Pattern Falling Wedge Length 49 Candles Identified 08-Feb-22:00

Falling Wedge identified at 08-Feb-22:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.8739 within the next 3 days. Supported by Downward sloping Moving Average

CAD/JPY

 

CAD/JPY 27-Jan-06:00 -> 08-Feb-22:00 Target Level: 82.2358

SL: (A) 82.0880 Last TP of Rising Wedge RL: (B) 82.7140 Last TP of Rising Wedge Target Period: 2 days   Interval 1 hour Pattern Rising Wedge Length 153 Candles Identified 08-Feb-16:00

Rising Wedge has broken through the support line at 08-Feb-16:00. Possible bearish price movement forecast for the next 2 days towards 82.2358.

FOREX trading

 

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EUR/GBP

 

EUR/GBP 12-Jan-22:00 -> 03-Feb-22:00 Target Level: 0.8884

SL: (A) 0.8796 Last TP of Falling Wedge RL: (B) 0.8884 Last TP of Falling Wedge Target Period: 2 days   Interval 4 hour Pattern Falling Wedge Length 54 Candles Identified 03-Feb-10:00

Falling Wedge identified at 03-Feb-10:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.8884 within the next 2 days.