Market Overview Report Time: 06-Nov-2017 11:13 GMT

EUR/USD 08-Oct-21:00 -> 06-Nov-13:00 Target Level: 1.1573 SL: (A) 1.1573 Last TP of Channel Down RL: (B) 1.1690 Last TP of Channel Down Target Period: 2 days Interval 4 hour Pattern Channel Down Length 81 Candles Identified 03-Nov-20:00 Channel Down identified at 03-Nov-20:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1573 within the next 2 days. Supported by Downward sloping Moving Average USD/JPY 23-Oct-13:00 -> 06-Nov-13:00 Target Level: 113.6110 SL: (A) 113.6110 Last TP of Flag RL: (B) 114.7340 Last TP of Flag Target Period: 2 days Interval 4 hour Pattern Flag Length 25 Candles Identified 06-Nov-09:00 Flag identified at 06-Nov-09:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 113.6110 within the next 2 days. GBP/USD 01-Nov-08:00 -> 06-Nov-11:00 Target Level: 1.3147 SL: (B) 1.3089 4 hours low volatility level RL: (A) 1.3147 4 hours high volatility level Target Period: 4 hours Interval 1 hour Length 40 Candles Identified 06-Nov-11:00 Possible bullish price movement towards the resistance 1.3147 within the next 4 hours. Supported by Upward sloping Moving Average Brent Crude 03-Nov-05:15 -> 06-Nov-10:45 Target Level: 62.9000 SL: (A) 62.2100 Last TP of Rising Wedge RL: (B) 62.9000 Last TP of Rising Wedge Target Period: 6 hours Interval 15 Minutes Pattern Rising Wedge Length 72 Candles Identified 06-Nov-10:30 Rising Wedge identified at 06-Nov-10:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 62.9000 within the next 6 hours. Supported by Upward sloping Moving Average Gold 01-Nov-07:00 -> 06-Nov-11:00 Target Level: 1268.2587 SL: (B) 1268.2587 4 hours low volatility level RL: (A) 1274.9413 4 hours high volatility level Target Period: 4 hours Interval 1 hour Length 40 Candles Identified 06-Nov-11:00 Possible bearish price movement towards the support 1268.2587 within the next 4 hours. Supported by Downward sloping Moving Average S&P 500 Index 23-Oct-19:00 -> 03-Nov-20:00 Target Level: 2597.4172 SL: (B) 2577.8628 4 hours low volatility level RL: (A) 2597.4172 4 hours high volatility level Target Period: 4 hours Interval 1 hour Length 40 Candles Identified 03-Nov-20:00 Possible bullish price movement towards the resistance 2597.4172 within the next 4 hours. Supported by Upward sloping Moving Average Paris Cac 40 19-Oct-16:00 -> 06-Nov-11:00 Target Level: 5464.1577 SL: (A) 5498.2900 Last TP of Triangle RL: (B) 5517.9700 Last TP of Triangle Target Period: 21 hours Interval 1 hour Pattern Triangle Length 72 Candles Identified 06-Nov-09:00 Triangle has broken through the support line at 06-Nov-09:00. Possible bearish price movement forecast for the next 21 hours towards 5464.1577. Frankfurt Xetra Dax 24-Oct-08:00 -> 06-Nov-11:00 Target Level: 13505.1930 SL: (B) 13424.3270 4 hours low volatility level RL: (A) 13505.1930 4 hours high volatility level Target Period: 4 hours Interval 1 hour Length 40 Candles Identified 06-Nov-10:00 Possible bullish price movement towards the resistance 13505.1930 within the next 4 hours. Supported by Upward sloping Moving Average FTSE 100 Index 31-Oct-04:30 -> 06-Nov-11:00 Target Level: 7543.0000 SL: (A) 7495.5000 Last TP of Rising Wedge RL: (B) 7543.0000 Last TP of Rising Wedge Target Period: 18 hours Interval 30 Minutes Pattern Rising Wedge Length 122 Candles Identified 06-Nov-08:30 Rising Wedge identified at 06-Nov-08:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 7543.0000 within the next 18 hours.

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Analysis on USDTRY 6.11.2017

The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.

If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 3.8870
• Take Profit Level: 3.9250 (380 pips)

If the price rebound from resistance level, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 3.8400
• Take Profit Level: 3.8200 (200 pips)

GOLD
Possible short position in the breakdown of the level 1265.00

USDJPY
Possible long position at the breakout of the level 114.70

USDCHF
Possible long position at the breakout of the level 1.0040

GBPUSD
Possible short position in the breakdown of the level 1.3030

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