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 : 1.1355
Target Period : 3 days 

Analysis : 
Descending Triangle has broken through the support line at 24-Oct-10:00 2018 GMT. Possible bearish price movement forecast for the next 3 days towards 1.1355.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( A ) 1.155Last resistance turning point of Descending Triangle.

Support Levels 

Chart date range : 
30-Sep-22:00 GMT-> 25-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
USD/JPY
Summary : 
Target Level : 111.7594
Target Period : 2 days 

Analysis : 
Descending Triangle has broken through the support line at 25-Oct-01:00 2018 GMT. Possible bearish price movement forecast for the next 2 days towards 111.7594.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( A ) 112.74Last resistance turning point of Descending Triangle.

Support Levels 

Chart date range : 
16-Oct-22:00 GMT-> 25-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
GBP/USD
Summary : 
Target Level : 1.3043
Target Period : 2 days 

Analysis : 
Channel Down identified at 24-Oct-23:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3044 within the next 2 days.

Resistance Levels : 
( B ) 1.3043Last resistance turning point of Channel Down.

Support Levels
( A ) 1.2868Last support turning point of Channel Down.


Chart date range : 
17-Oct-00:00 GMT-> 25-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
AUD/USD
Summary : 
Target Level : 0.7056
Target Period : 20 hours 

Analysis : 
Channel Down identified at 24-Oct-22:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7056 within the next 20 hours.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( B ) 0.7105Last resistance turning point of Channel Down.

Support Levels
( A ) 0.7056Last support turning point of Channel Down.


Chart date range : 
10-Oct-22:00 GMT-> 25-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
USD/CHF
Summary : 
Target Level : 0.9942
Target Period : 2 days 

Analysis : 
Rising Wedge identified at 25-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9942 within the next 2 days.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( B ) 0.999Last resistance turning point of Rising Wedge.

Support Levels
( A ) 0.9942Last support turning point of Rising Wedge.


Chart date range : 
12-Oct-12:00 GMT-> 25-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
USD/CAD
Summary : 
Target Level : 1.297
Target Period : 14 hours 

Analysis : 
Falling Wedge identified at 25-Oct-03:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2970 within the next 14 hours.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( B ) 1.3055Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.297Last support turning point of Falling Wedge.


Chart date range : 
19-Oct-05:00 GMT-> 25-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
NZD/USD
Summary : 
Target Level : 0.6503
Target Period : 7 hours 

Analysis : 
Channel Down identified at 25-Oct-04:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6503 within the next 7 hours.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( B ) 0.6529Last resistance turning point of Channel Down.

Support Levels
( A ) 0.6503Last support turning point of Channel Down.


Chart date range : 
23-Oct-03:30 GMT-> 25-Oct-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
GBP/JPY
Summary : 
Target Level : 146.31
Target Period : 2 days 

Analysis : 
Falling Wedge identified at 25-Oct-03:30 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 146.3100 within the next 2 days.

Resistance Levels : 
( B ) 146.31Last resistance turning point of Falling Wedge.

Support Levels
( A ) 144.11Last support turning point of Falling Wedge.


Chart date range : 
17-Oct-15:00 GMT-> 25-Oct-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
EUR/JPY
Summary : 
Target Level : 129.215
Target Period : 18 hours 

Analysis : 
Channel Down identified at 25-Oct-02:30 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 129.2150 within the next 18 hours.

Supporting Indicators : 
RSI below 40

Resistance Levels : 
( B ) 129.215Last resistance turning point of Channel Down.

Support Levels
( A ) 127.495Last support turning point of Channel Down.


Chart date range : 
19-Oct-07:00 GMT-> 25-Oct-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
EUR/NZD
Summary : 
Target Level : 1.7602
Target Period : 3 days 

Analysis : 
Triangle has broken through the resistance line at 24-Oct-23:00 2018 GMT. Possible bullish price movement forecast for the next 3 days towards 1.7602.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( B ) 1.7535Last resistance turning point of Triangle.

Support Levels
( A ) 1.7402Last support turning point of Triangle.


Chart date range : 
08-Oct-19:00 GMT-> 25-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
CAD/JPY
Summary : 
Target Level : 85.77
Target Period : 6 hours 

Analysis : 
Falling Wedge identified at 25-Oct-05:30 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 85.7700 within the next 6 hours.

Supporting Indicators : 
Downward sloping Moving Average

Resistance Levels : 
( B ) 86.13Last resistance turning point of Falling Wedge.

Support Levels
( A ) 85.77Last support turning point of Falling Wedge.


Chart date range : 
23-Oct-14:00 GMT-> 25-Oct-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
CAD/CHF
Summary : 
Target Level : 0.7693
Target Period : 13 hours 

Analysis : 
Channel Up identified at 25-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7693 within the next 13 hours.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( B ) 0.7693Last resistance turning point of Channel Up.

Support Levels
( A ) 0.7637Last support turning point of Channel Up.


Chart date range : 
19-Oct-04:00 GMT-> 25-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
CHF/JPY
Summary : 
Target Level : 113.22
Target Period : 23 hours 

Analysis : 
Channel Down identified at 25-Oct-02:30 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 113.2200 within the next 23 hours.

Resistance Levels : 
( B ) 113.22Last resistance turning point of Channel Down.

Support Levels
( A ) 112.18Last support turning point of Channel Down.


Chart date range : 
18-Oct-15:30 GMT-> 25-Oct-06:00 GMT
Data interval :30 Minutes
RSI:34 Candles
MA:34 Candles
NZD/JPY
Summary : 
Target Level : 73.97
Target Period : 14 hours 

Analysis : 
Channel Down identified at 25-Oct-03:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 73.9700 within the next 14 hours.

Supporting Indicators : 
RSI below 40

Resistance Levels : 
( B ) 73.97Last resistance turning point of Channel Down.

Support Levels
( A ) 72.83Last support turning point of Channel Down.


Chart date range : 
19-Oct-05:00 GMT-> 25-Oct-06:00 GMT
Data interval :1 hour
RSI:34 Candles
MA:34 Candles
XAU/USD
Summary : 
Target Level : 1239.815
Target Period : 21 hours 

Analysis : 
Channel Up identified at 24-Oct-22:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1239.8150 within the next 21 hours.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( B ) 1239.815Last resistance turning point of Channel Up.

Support Levels
( A ) 1225.705Last support turning point of Channel Up.


Chart date range : 
10-Oct-18:00 GMT-> 25-Oct-06:00 GMT
Data interval :4 hour
RSI:34 Candles
MA:34 Candles
XAG/USD
Summary : 
Target Level : 14.8115
Target Period : 22 hours 

Analysis : 
Rising Wedge identified at 25-Oct-02:00 2018 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 14.8115 within the next 22 hours.

Supporting Indicators : 
Upward sloping Moving Average

Resistance Levels : 
( B ) 14.8115Last resistance turning point of Rising Wedge.

Support Levels
( A ) 14.6545Last support turning point of Rising Wedge.


Chart date range : 
17-Oct-17:00 GMT-> 25-Oct-06:00 GMT

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