Market Reports are generated 3 times per day before the open of Tokyo, London and New York. 19-Sep-2018 06:10 GMT

Forex Report19-Sep-2018 06:10 GMT
Market Reports are generated 3 times per day before the open of Tokyo, London and New York. These reports provide you with a snapshot of the technical outlook of the markets before the opening of the major financial centres.

EUR/USD
Summary : 
Target Level : 1.1714
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 1.1714 within the next 4 hours.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( A ) 1.17144 hours high volatility level 

Support Levels
( B ) 1.1664 hours low volatility level


Chart date range : 
14-Sep-19:00 GMT-> 19-Sep-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
USD/JPY
Summary : 
Target Level : 112.4938
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 112.4938 within the next 4 hours.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( A ) 112.49384 hours high volatility level 

Support Levels
( B ) 112.06624 hours low volatility level


Chart date range : 
14-Sep-19:00 GMT-> 19-Sep-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
GBP/USD
Summary : 
Target Level : 1.3191
Target Period : 4 hours 

Analysis : 
Possible bullish price movement towards the resistance 1.3191 within the next 4 hours.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( A ) 1.31914 hours high volatility level 

Support Levels
( B ) 1.31144 hours low volatility level


Chart date range : 
14-Sep-19:00 GMT-> 19-Sep-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
USD/CHF
Summary : 
Target Level : 0.9612
Target Period : 2 days 

Analysis : 
Channel Down identified at 19-Sep-05:30 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9612 within the next 2 days.

Supporting Indicators : 
RSI above 60

Resistance Levels : 
( B ) 0.9652Last resistance turning point of Channel Down.

Support Levels
( A ) 0.9612Last support turning point of Channel Down.


Chart date range : 
11-Sep-04:30 GMT-> 19-Sep-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
NZD/USD
Summary : 
Target Level : 0.6608
Target Period : 21 hours 

Analysis : 
Rising Wedge identified at 19-Sep-05:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6608 within the next 21 hours.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( B ) 0.6608Last resistance turning point of Rising Wedge.

Support Levels
( A ) 0.6573Last support turning point of Rising Wedge.


Chart date range : 
13-Sep-08:30 GMT-> 19-Sep-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
EUR/JPY
Summary : 
Target Level : 130.305
Target Period : 2 days 

Analysis : 
Rising Wedge identified at 19-Sep-02:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 130.3050 within the next 2 days.

Resistance Levels : 
( B ) 131.495Last resistance turning point of Rising Wedge.

Support Levels
( A ) 130.305Last support turning point of Rising Wedge.


Chart date range : 
04-Sep-14:00 GMT-> 19-Sep-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
EUR/CHF
Summary : 
Target Level : 1.1344
Target Period : 3 days 

Analysis : 
Channel Up identified at 18-Sep-18:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1344 within the next 3 days.

Resistance Levels : 
( B ) 1.1344Last resistance turning point of Channel Up.

Support Levels
( A ) 1.1223Last support turning point of Channel Up.


Chart date range : 
28-Aug-02:00 GMT-> 19-Sep-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
GBP/CHF
Summary : 
Target Level : 1.272
Target Period : 2 days 

Analysis : 
Falling Wedge has broken through the resistance line at 18-Sep-18:00 2018 GMT. Possible bullish price movement forecast for the next 2 days towards 1.2720.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
Support Levels
( A ) 1.2607Last support turning point of Falling Wedge.


Chart date range : 
03-Sep-06:00 GMT-> 19-Sep-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
GBP/NZD
Summary : 
Target Level : 1.9894
Target Period : 2 days 

Analysis : 
Triangle identified at 19-Sep-05:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.9894 within the next 2 days.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( B ) 1.9999Last resistance turning point of Triangle.

Support Levels
( A ) 1.9894Last support turning point of Triangle.


Chart date range : 
11-Sep-20:00 GMT-> 19-Sep-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
CAD/JPY
Summary : 
Target Level : 86.2467
Target Period : 9 hours 

Analysis : 
Rising Wedge has broken through the support line at 19-Sep-05:30 2018 GMT. Possible bearish price movement forecast for the next 9 hours towards 86.2467.

Supporting Indicators : 
RSI above 60

Resistance Levels : 
( B ) 86.7Last resistance turning point of Rising Wedge.

Support Levels
( A ) 86.51Last support turning point of Rising Wedge.


Chart date range : 
17-Sep-05:00 GMT-> 19-Sep-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
CHF/JPY
Summary : 
Target Level : 116.081
Target Period : 20 hours 

Analysis : 
Flag has broken through the support line at 19-Sep-02:00 2018 GMT. Possible bearish price movement forecast for the next 20 hours towards 116.0810.

Supporting Indicators : 
RSI above 60

Resistance Levels : 
( B ) 116.92Last resistance turning point of Flag.

Support Levels
( A ) 115.99Last support turning point of Flag.


Chart date range : 
05-Sep-14:00 GMT-> 19-Sep-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
XAU/USD
Summary : 
Target Level : 1206.5817
Target Period : 2 days 

Analysis : 
Triangle has broken through the resistance line at 19-Sep-05:00 2018 GMT. Possible bullish price movement forecast for the next 2 days towards 1206.5817.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
Support Levels
( A ) 1197.005Last support turning point of Triangle.


Chart date range : 
11-Sep-17:00 GMT-> 19-Sep-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
XAG/USD
Summary : 
Target Level : 14.353
Target Period : 4 days 

Analysis : 
Triangle identified at 17-Sep-18:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 14.3530 within the next 4 days.

Resistance Levels : 
( B ) 14.353Last resistance turning point of Triangle.

Support Levels
( A ) 14.041Last support turning point of Triangle.


Chart date range : 
17-Aug-14:00 GMT-> 19-Sep-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles

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