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 : 1.1465 Target Period : 3 days  Analysis :  Channel Down identified at 08-Oct-05:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1465 within the next 3 days. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.155Last resistance turning point of Channel Down. Support Levels ( A ) 1.1465Last support turning point of Channel Down. Chart date range :  24-Sep-16:00 GMT-> 08-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

USD/JPY

Summary :  Target Level : 114.07 Target Period : 22 hours  Analysis :  Approaching Resistance level of 114.0700 identified at 08-Oct-01:00 2018 GMT Chart date range :  27-Sep-09:00 GMT-> 08-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

GBP/USD

Summary :  Target Level : 1.3007 Target Period : 18 hours  Analysis :  Rising Wedge identified at 08-Oct-03:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3007 within the next 18 hours. Resistance Levels :  ( B ) 1.3123Last resistance turning point of Rising Wedge. Support Levels ( A ) 1.3007Last support turning point of Rising Wedge. Chart date range :  01-Oct-17:00 GMT-> 08-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

USD/CHF

Summary :  Target Level : 0.9911 Target Period : 9 hours  Analysis :  Descending Triangle identified at 08-Oct-05:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9911 within the next 9 hours. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 0.9922Last resistance turning point of Descending Triangle. Support Levels ( A ) 0.9911Last support turning point of Descending Triangle. Chart date range :  03-Oct-07:00 GMT-> 08-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

GBP/JPY

Summary :  Target Level : 148.09 Target Period : 2 days  Analysis :  Channel Up identified at 08-Oct-05:30 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 148.0900 within the next 2 days. Resistance Levels :  ( B ) 149.51Last resistance turning point of Channel Up. Support Levels ( A ) 148.09Last support turning point of Channel Up. Chart date range :  02-Oct-02:00 GMT-> 08-Oct-06:00 GMT Data interval : 30 Minutes RSI: 34 Candles MA: 34 Candles

EUR/JPY

Summary :  Target Level : 130.605 Target Period : 10 hours  Analysis :  Falling Wedge identified at 08-Oct-05:00 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 130.6050 within the next 10 hours. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 131.245Last resistance turning point of Falling Wedge. Support Levels ( A ) 130.605Last support turning point of Falling Wedge. Chart date range :  03-Oct-21:30 GMT-> 08-Oct-06:00 GMT Data interval : 30 Minutes RSI: 34 Candles MA: 34 Candles

EUR/CHF

Summary :  Target Level : 1.1404 Target Period : 10 hours  Analysis :  Head and Shoulders has broken through the support line at 08-Oct-04:00 2018 GMT. Possible bearish price movement forecast for the next 10 hours towards 1.1404. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( B ) 1.1436Last resistance turning point of Head and Shoulders. Support Levels ( A ) 1.1412Last support turning point of Head and Shoulders. Chart date range :  03-Oct-17:30 GMT-> 08-Oct-06:00 GMT Data interval : 30 Minutes RSI: 34 Candles MA: 34 Candles

GBP/CHF

Summary :  Target Level : 1.282 Target Period : 2 days  Analysis :  Channel Up identified at 08-Oct-03:30 2018 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2820 within the next 2 days. Resistance Levels :  ( B ) 1.3009Last resistance turning point of Channel Up. Support Levels ( A ) 1.282Last support turning point of Channel Up. Chart date range :  01-Oct-11:00 GMT-> 08-Oct-06:00 GMT Data interval : 30 Minutes RSI: 34 Candles MA: 34 Candles

XAU/USD

Summary :  Target Level : 1191.0438 Target Period : 2 days  Analysis :  Triangle has broken through the support line at 08-Oct-02:00 2018 GMT. Possible bearish price movement forecast for the next 2 days towards 1191.0438. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( A ) 1205.855Last resistance turning point of Triangle. Support Levels  Chart date range :  27-Sep-17:00 GMT-> 08-Oct-06:00 GMT Data interval : 1 hour RSI: 34 Candles MA: 34 Candles

XAG/USD

Summary :  Target Level : 14.3527 Target Period : 2 days  Analysis :  Triangle has broken through the support line at 08-Oct-02:00 2018 GMT. Possible bearish price movement forecast for the next 2 days towards 14.3527. Supporting Indicators :  Downward sloping Moving Average Resistance Levels :  ( A ) 14.72Last resistance turning point of Triangle. Support Levels  Chart date range :  21-Sep-18:00 GMT-> 08-Oct-06:00 GMT Data interval : 4 hour RSI: 34 Candles MA: 34 Candles

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