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 : 2 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 2 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-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
USD/JPY
Summary : 
Target Level : 112.32
Target Period : 6 hours 

Analysis : 
Rising Wedge identified at 24-Oct-05:45 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 112.3200 within the next 6 hours.

Supporting Indicators : 
RSI above 60

Resistance Levels : 
( B ) 112.65Last resistance turning point of Rising Wedge.

Support Levels
( A ) 112.32Last support turning point of Rising Wedge.


Chart date range : 
23-Oct-00:45 GMT-> 24-Oct-06:00 GMT
Data interval :15 Minutes
RSI:34 Candles
MA:34 Candles
GBP/USD
Summary : 
Target Level : 1.309
Target Period : 2 days 

Analysis : 
Falling Wedge identified at 23-Oct-10:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3090 within the next 2 days.

Resistance Levels : 
( B ) 1.309Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.2957Last support turning point of Falling Wedge.


Chart date range : 
04-Oct-22:00 GMT-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
USD/CHF
Summary : 
Target Level : 0.9976
Target Period : 3 days 

Analysis : 
Channel Up identified at 24-Oct-01:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.9976 within the next 3 days.

Resistance Levels : 
( B ) 0.9976Last resistance turning point of Channel Up.

Support Levels
( A ) 0.9938Last support turning point of Channel Up.


Chart date range : 
10-Oct-12:00 GMT-> 24-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
USD/CAD
Summary : 
Target Level : 1.3088
Target Period : 6 hours 

Analysis : 
Falling Wedge identified at 24-Oct-05:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3088 within the next 6 hours.

Resistance Levels : 
( B ) 1.3088Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.307Last support turning point of Falling Wedge.


Chart date range : 
22-Oct-21:15 GMT-> 24-Oct-06:00 GMT
Data interval :15 Minutes
RSI:34 Candles
MA:34 Candles
NZD/USD
Summary : 
Target Level : 0.6607
Target Period : 13 hours 

Analysis : 
Flag identified at 23-Oct-14:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6607 within the next 13 hours.

Resistance Levels : 
( B ) 0.6607Last resistance turning point of Flag.

Support Levels
( A ) 0.6535Last support turning point of Flag.


Chart date range : 
09-Oct-10:00 GMT-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
GBP/JPY
Summary : 
Target Level : 147.58
Target Period : 15 hours 

Analysis : 
Channel Down identified at 23-Oct-22:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 147.5800 within the next 15 hours.

Resistance Levels : 
( B ) 147.58Last resistance turning point of Channel Down.

Support Levels
( A ) 145.3Last support turning point of Channel Down.


Chart date range : 
10-Oct-14:00 GMT-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
EUR/JPY
Summary : 
Target Level : 128.775
Target Period : 6 hours 

Analysis : 
Rising Wedge identified at 24-Oct-05:30 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 128.7750 within the next 6 hours.

Resistance Levels : 
( B ) 129.205Last resistance turning point of Rising Wedge.

Support Levels
( A ) 128.775Last support turning point of Rising Wedge.


Chart date range : 
23-Oct-00:00 GMT-> 24-Oct-06:00 GMT
Data interval :15 Minutes
RSI:34 Candles
MA:34 Candles
EUR/CHF
Summary : 
Target Level : 1.1393
Target Period : 2 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 2 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-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
GBP/CHF
Summary : 
Target Level : 1.2805
Target Period : 3 days 

Analysis : 
Triangle has broken through the support line at 22-Oct-14:00 2018 GMT. Possible bearish price movement forecast for the next 3 days towards 1.2805.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( A ) 1.3055Last resistance turning point of Triangle.

Support Levels 

Chart date range : 
21-Sep-10:00 GMT-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
EUR/CAD
Summary : 
Target Level : 1.4978
Target Period : 7 hours 

Analysis : 
Triangle has broken through the support line at 23-Oct-19:00 2018 GMT. Possible bearish price movement forecast for the next 7 hours towards 1.4978.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( A ) 1.5052Last resistance turning point of Triangle.

Support Levels 

Chart date range : 
17-Oct-19:00 GMT-> 24-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
CAD/JPY
Summary : 
Target Level : 86.28
Target Period : 2 days 

Analysis : 
Falling Wedge identified at 24-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 86.2800 within the next 2 days.

Resistance Levels : 
( B ) 86.28Last resistance turning point of Falling Wedge.

Support Levels
( A ) 85.37Last support turning point of Falling Wedge.


Chart date range : 
08-Oct-22:00 GMT-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
CAD/CHF
Summary : 
Target Level : 0.7627
Target Period : 6 hours 

Analysis : 
Falling Wedge has broken through the resistance line at 23-Oct-19:00 2018 GMT. Possible bullish price movement forecast for the next 6 hours towards 0.7627.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( B ) 0.7613Last resistance turning point of Falling Wedge.

Support Levels
( A ) 0.7584Last support turning point of Falling Wedge.


Chart date range : 
17-Oct-21:00 GMT-> 24-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
CHF/JPY
Summary : 
Target Level : 113.43
Target Period : 16 hours 

Analysis : 
Rectangle identified at 23-Oct-22:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 113.4300 within the next 16 hours.

Resistance Levels : 
( B ) 113.43Last resistance turning point of Rectangle.

Support Levels
( A ) 112.48Last support turning point of Rectangle.


Chart date range : 
10-Oct-10:00 GMT-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
NZD/JPY
Summary : 
Target Level : 73.0431
Target Period : 2 days 

Analysis : 
Channel Up has broken through the support line at 23-Oct-14:00 2018 GMT. Possible bearish price movement forecast for the next 2 days towards 73.0431.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( B ) 74.37Last resistance turning point of Channel Up.

Support Levels
( A ) 73.2Last support turning point of Channel Up.


Chart date range : 
05-Oct-06:00 GMT-> 24-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
XAU/USD
Summary : 
Target Level : 1239.815
Target Period : 2 days 

Analysis : 
Rising Wedge identified at 24-Oct-05:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1239.8150 within the next 2 days.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( B ) 1239.815Last resistance turning point of Rising Wedge.

Support Levels
( A ) 1231.155Last support turning point of Rising Wedge.


Chart date range : 
17-Oct-14:00 GMT-> 24-Oct-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles

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