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 : 1.1433 Target Period : 3 days  Analysis :  Descending Triangle identified at 22-Oct-18:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1433 within the next 3 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.155Last resistance turning point of Descending Triangle. Support Levels ( A ) 1.1433Last support turning point of Descending Triangle. Chart date range :  01-Oct-02:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

USD/JPY

Summary :  Target Level : 111.95 Target Period : 3 days  Analysis :  Rising Wedge identified at 23-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 111.9500 within the next 3 days. Supporting Indicators :  RSI above 60 Resistance Levels :  ( B ) 112.88Last resistance turning point of Rising Wedge. Support Levels ( A ) 111.95Last support turning point of Rising Wedge. Chart date range :  03-Oct-06:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

GBP/USD

Summary :  Target Level : 1.292 Target Period : 4 hours  Analysis :  Possible bearish price movement towards the support 1.2920 within the next 4 hours. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.30074 hours high volatility level  Support Levels ( A ) 1.2924 hours low volatility level Chart date range :  18-Oct-19:00 GMT-> 23-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

USD/CHF

Summary :  Target Level : 0.9976 Target Period : 2 days  Analysis :  Rising Wedge identified at 23-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.9976 within the next 2 days. Supporting Indicators :  Upward sloping Moving Average Resistance Levels :  ( B ) 0.9976Last resistance turning point of Rising Wedge. Support Levels ( A ) 0.9941Last support turning point of Rising Wedge. Chart date range :  04-Oct-14:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

USD/CAD

Summary :  Target Level : 1.3127 Target Period : 11 hours  Analysis :  Triangle identified at 23-Oct-05:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3127 within the next 11 hours. Supporting Indicators :  Upward sloping Moving Average Resistance Levels :  ( B ) 1.3127Last resistance turning point of Triangle. Support Levels ( A ) 1.3089Last support turning point of Triangle. Chart date range :  18-Oct-00:00 GMT-> 23-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

NZD/USD

Summary :  Target Level : 0.6524 Target Period : 7 hours  Analysis :  Rising Wedge identified at 22-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6524 within the next 7 hours. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 0.6607Last resistance turning point of Rising Wedge. Support Levels ( A ) 0.6524Last support turning point of Rising Wedge. Chart date range :  05-Oct-06:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

GBP/JPY

Summary :  Target Level : 146.25 Target Period : 6 hours  Analysis :  Falling Wedge identified at 23-Oct-05:30 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 146.2500 within the next 6 hours. Resistance Levels :  ( B ) 146.25Last resistance turning point of Falling Wedge. Support Levels ( A ) 145.78Last support turning point of Falling Wedge. Chart date range :  19-Oct-20:30 GMT-> 23-Oct-06:00 GMT Data interval : 15 Minutes RSI: 34 Candles MA: 34 Candles

EUR/CHF

Summary :  Target Level : 1.1393 Target Period : 3 days  Analysis :  Channel Up identified at 22-Oct-22:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1393 within the next 3 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.1502Last resistance turning point of Channel Up. Support Levels ( A ) 1.1393Last support turning point of Channel Up. Chart date range :  01-Oct-02:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

GBP/CHF

Summary :  Target Level : 1.2867 Target Period : 19 hours  Analysis :  Triangle has broken through the support line at 22-Oct-14:00 2018 GMT. Possible bearish price movement forecast for the next 19 hours towards 1.2867. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( A ) 1.3055Last resistance turning point of Triangle. Support Levels  Chart date range :  05-Oct-18:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

EUR/CAD

Summary :  Target Level : 1.5232 Target Period : 2 days  Analysis :  Triangle has broken through the resistance line at 19-Oct-18:00 2018 GMT. Possible bullish price movement forecast for the next 2 days towards 1.5232. Supporting Indicators :  RSI below 40 Resistance Levels :  ( B ) 1.5123Last resistance turning point of Triangle. Support Levels ( A ) 1.4931Last support turning point of Triangle. Chart date range :  18-Sep-02:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

CAD/JPY

Summary :  Target Level : 85.57 Target Period : 2 days  Analysis :  Descending Triangle identified at 22-Oct-21:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 85.5700 within the next 2 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 86.3Last resistance turning point of Descending Triangle. Support Levels ( A ) 85.57Last support turning point of Descending Triangle. Chart date range :  11-Oct-16:00 GMT-> 23-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

CHF/JPY

Summary :  Target Level : 112.53 Target Period : 3 days  Analysis :  Channel Down identified at 23-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 112.5300 within the next 3 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 113.43Last resistance turning point of Channel Down. Support Levels ( A ) 112.53Last support turning point of Channel Down. Chart date range :  08-Oct-06:00 GMT-> 23-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

NZD/JPY

Summary :  Target Level : 73.274 Target Period : 22 hours  Analysis :  Broke through Support level of 73.7600 at 23-Oct-03:30 2018 GMT Chart date range :  15-Oct-18:00 GMT-> 23-Oct-06:00 GMT Data interval : 30 Minutes RSI: 34 Candles MA: 34 Candles

XAU/USD

Summary :  Target Level : 1230.87 Target Period : 2 days  Analysis :  Triangle identified at 23-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1230.8700 within the next 2 days. Resistance Levels :  ( B ) 1230.87Last resistance turning point of Triangle. Support Levels ( A ) 1220.19Last support turning point of Triangle. Chart date range :  12-Oct-16:00 GMT-> 23-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

XAG/USD

Summary :  Target Level : 14.457 Target Period : 2 days  Analysis :  Triangle identified at 22-Oct-14:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 14.4570 within the next 2 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 14.6945Last resistance turning point of Triangle. Support Levels ( A ) 14.457Last support turning point of Triangle. Chart date range :  03-Oct-02:00 GMT-> 23-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

Get Bonus No Deposite in your Trading Account now and add this currency pair to your forex portfolio, enjoy your trading with us!

    

    $123 No Deposite Bonus.         $1000 No Deposite Bonus.           $5000 No Deposite Bonus.

    

    $300 No Deposite Bonus.            $200 No Deposite Bonus.

Hot Bonus $1000 No Depossite    WELCOME 30 USD    Bonus 1000% Up To $100