Market Reports are generated 3 times per day before the open of Tokyo, London and New York.

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 : 1.1529 Target Period : 4 hours  Analysis :  Possible bearish price movement towards the support 1.1529 within the next 4 hours. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.15814 hours high volatility level  Support Levels ( A ) 1.15294 hours low volatility level Chart date range :  12-Oct-19:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

USD/JPY

Summary :  Target Level : 112.491 Target Period : 20 hours  Analysis :  Channel Down has broken through the resistance line at 17-Oct-00:00 2018 GMT. Possible bullish price movement forecast for the next 20 hours towards 112.4910. Supporting Indicators :  Upward sloping Moving Average Resistance Levels :  ( B ) 112.5Last resistance turning point of Channel Down. Support Levels ( A ) 111.63Last support turning point of Channel Down. Chart date range :  09-Oct-20:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

GBP/USD

Summary :  Target Level : 1.3258 Target Period : 3 days  Analysis :  Rising Wedge identified at 15-Oct-22:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3258 within the next 3 days. Supporting Indicators :  Upward sloping Moving Average Resistance Levels :  ( B ) 1.3258Last resistance turning point of Rising Wedge. Support Levels ( A ) 1.3095Last support turning point of Rising Wedge. Chart date range :  18-Sep-02:00 GMT-> 17-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

AUD/USD

Summary :  Target Level : 0.7149 Target Period : 2 days  Analysis :  Rising Wedge identified at 16-Oct-21:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7149 within the next 2 days. Supporting Indicators :  Upward sloping Moving Average Resistance Levels :  ( B ) 0.7149Last resistance turning point of Rising Wedge. Support Levels ( A ) 0.7113Last support turning point of Rising Wedge. Chart date range :  08-Oct-09:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

USD/CHF

Summary :  Target Level : 0.9926 Target Period : 4 hours  Analysis :  Possible bullish price movement towards the resistance 0.9926 within the next 4 hours. Supporting Indicators :  Upward sloping Moving Average Resistance Levels :  ( A ) 0.99264 hours high volatility level  Support Levels ( B ) 0.98974 hours low volatility level Chart date range :  12-Oct-19:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

USD/CAD

Summary :  Target Level : 1.2915 Target Period : 2 days  Analysis :  Channel Up has broken through the support line at 15-Oct-18:00 2018 GMT. Possible bearish price movement forecast for the next 2 days towards 1.2915. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.307Last resistance turning point of Channel Up. Support Levels ( A ) 1.2927Last support turning point of Channel Up. Chart date range :  25-Sep-10:00 GMT-> 17-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

NZD/USD

Summary :  Target Level : 0.6496 Target Period : 2 days  Analysis :  Channel Up identified at 17-Oct-04:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6496 within the next 2 days. Resistance Levels :  ( B ) 0.6595Last resistance turning point of Channel Up. Support Levels ( A ) 0.6496Last support turning point of Channel Up. Chart date range :  04-Oct-21:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

EUR/JPY

Summary :  Target Level : 129.125 Target Period : 18 hours  Analysis :  Channel Down identified at 16-Oct-19:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 129.1250 within the next 18 hours. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 130.295Last resistance turning point of Channel Down. Support Levels ( A ) 129.125Last support turning point of Channel Down. Chart date range :  09-Oct-05:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

EUR/CHF

Summary :  Target Level : 1.1416 Target Period : 22 hours  Analysis :  Triangle identified at 16-Oct-22:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1416 within the next 22 hours. Supporting Indicators :  RSI above 60 Resistance Levels :  ( B ) 1.1479Last resistance turning point of Triangle. Support Levels ( A ) 1.1416Last support turning point of Triangle. Chart date range :  09-Oct-05:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

GBP/CHF

Summary :  Target Level : 1.3036 Target Period : 7 hours  Analysis :  Triangle has broken through the support line at 17-Oct-05:15 2018 GMT. Possible bearish price movement forecast for the next 7 hours towards 1.3036. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( A ) 1.3064Last resistance turning point of Triangle. Support Levels  Chart date range :  15-Oct-16:45 GMT-> 17-Oct-06:00 GMT Data interval : 15 Minutes RSI: 34 Candles MA: 34 Candles

EUR/CAD

Summary :  Target Level : 1.4956 Target Period : 20 hours  Analysis :  Falling Wedge identified at 17-Oct-05:30 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.4956 within the next 20 hours. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.4984Last resistance turning point of Falling Wedge. Support Levels ( A ) 1.4956Last support turning point of Falling Wedge. Chart date range :  11-Oct-14:30 GMT-> 17-Oct-06:00 GMT Data interval : 30 Minutes RSI: 34 Candles MA: 34 Candles

GBP/CAD

Summary :  Target Level : 1.6972 Target Period : 2 days  Analysis :  Triangle has broken through the support line at 16-Oct-18:00 2018 GMT. Possible bearish price movement forecast for the next 2 days towards 1.6972. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.7157Last resistance turning point of Triangle. Support Levels ( A ) 1.7036Last support turning point of Triangle. Chart date range :  01-Oct-10:00 GMT-> 17-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

GBP/NZD

Summary :  Target Level : 1.9945 Target Period : 2 days  Analysis :  Falling Wedge identified at 16-Oct-18:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.9945 within the next 2 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 2.0102Last resistance turning point of Falling Wedge. Support Levels ( A ) 1.9945Last support turning point of Falling Wedge. Chart date range :  28-Sep-10:00 GMT-> 17-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

CHF/JPY

Summary :  Target Level : 112.77 Target Period : 2 days  Analysis :  Channel Down identified at 16-Oct-18:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 112.7700 within the next 2 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 113.7Last resistance turning point of Channel Down. Support Levels ( A ) 112.77Last support turning point of Channel Down. Chart date range :  28-Sep-14:00 GMT-> 17-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

NZD/JPY

Summary :  Target Level : 72.76 Target Period : 2 days  Analysis :  Channel Up identified at 17-Oct-04:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 72.7600 within the next 2 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 74.12Last resistance turning point of Channel Up. Support Levels ( A ) 72.76Last support turning point of Channel Up. Chart date range :  09-Oct-18:30 GMT-> 17-Oct-06:00 GMT Data interval : 30 Minutes RSI: 34 Candles MA: 34 Candles

XAG/USD

Summary :  Target Level : 14.5614 Target Period : 13 hours  Analysis :  Rising Wedge has broken through the support line at 16-Oct-18:00 2018 GMT. Possible bearish price movement forecast for the next 13 hours towards 14.5614. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 14.849Last resistance turning point of Rising Wedge. Support Levels ( A ) 14.6195Last support turning point of Rising Wedge. Chart date range :  09-Oct-11:00 GMT-> 17-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

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