USD/JPY: Rising Wedge identified at 27-Jun-23:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 112.4485 within the next 7 hours. Supported by Upward sloping Moving Average

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Market Movements Report Time: 28-Jun-2017 00:15 CEST
Symbol Latest Price Daily Change
EURUSD 1.133 1.38%
USDJPY 112.275 0.37%
GBPUSD 1.281 0.72%
USDCHF 0.96 1.24%
Dow 21,310.66 0.25%
Nasdaq 5,802.72 1.33%
S&P 500 2,419.96 0.6%
FTSE 7,351.5 0.6%
Nikkei 19,920.29 0.23%
  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.

Market movements show change in price from the same report 24 hours earlier.
Supporting RSI and Moving Averages are 34 candles
TP: Last Turning Point – used to identify Support (SL) and Resistance (RL) Levels

EUR/USD
22-Jun-22:00 -> 28-Jun-01:00
Target Level: 1.1346
SL: (B) 1.1323 4 hours low volatility level
RL: (A) 1.1346 4 hours high volatility level

Target Period: 4 hours

Interval 1 hour
Length 40 Candles
Identified 28-Jun-00:00
Possible bullish price movement towards the resistance 1.1346 within the next 4 hours.
Supported by Upward sloping Moving Average
USD/JPY
23-Jun-09:00 -> 28-Jun-01:00
Target Level: 112.4485
SL: (A) 112.0795 Last TP of Rising Wedge
RL: (B) 112.4485 Last TP of Rising Wedge

Target Period: 7 hours

Interval 1 hour
Pattern Rising Wedge
Length 26 Candles
Identified 27-Jun-23:00
Rising Wedge identified at 27-Jun-23:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 112.4485 within the next 7 hours.
Supported by Upward sloping Moving Average
GBP/CAD
02-Jun-19:00 -> 28-Jun-03:00
Target Level: 1.6930

Target Period: 3 days

Interval 4 hour
Pattern Resistance
Length 63 Candles
Identified 27-Jun-23:00
Approaching Resistance level of 1.6930 identified at 27-Jun-23:00
Supported by Upward sloping Moving Average
GBP/NZD
07-Jun-11:00 -> 28-Jun-03:00
Target Level: 1.7682
SL: (A) 1.7343 Last TP of Falling Wedge

Target Period: 3 days

Interval 4 hour
Pattern Falling Wedge
Length 48 Candles
Identified 27-Jun-19:00
Falling Wedge has broken through the resistance line at 27-Jun-19:00. Possible bullish price movement forecast for the next 3 days towards 1.7682.
Supported by Upward sloping Moving Average
NZD/JPY
13-Jun-08:00 -> 28-Jun-01:00
Target Level: 80.1715
SL: (A) 80.1715 Last TP of Rising Wedge
RL: (B) 81.8750 Last TP of Rising Wedge

Target Period: 3 days

Interval 1 hour
Pattern Rising Wedge
Length 201 Candles
Identified 27-Jun-23:00
Rising Wedge identified at 27-Jun-23:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 80.1715 within the next 3 days.
XAU/USD
13-Jun-19:00 -> 28-Jun-03:00
Target Level: 1236.2250
SL: (A) 1236.2250 Last TP of Falling Wedge
RL: (B) 1253.1950 Last TP of Falling Wedge

Target Period: 2 days

Interval 4 hour
Pattern Falling Wedge
Length 25 Candles
Identified 27-Jun-23:00
Falling Wedge identified at 27-Jun-23:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1236.2250 within the next 2 days.
Supported by Downward sloping Moving Average
XAG/USD
06-Jun-07:00 -> 27-Jun-23:00
Target Level: 16.9100
SL: (A) 16.2745 Last TP of Falling Wedge
RL: (B) 16.7960 Last TP of Falling Wedge

Target Period: 3 days

Interval 4 hour
Pattern Falling Wedge
Length 52 Candles
Identified 27-Jun-11:00
Falling Wedge has broken through the resistance line at 27-Jun-11:00. Possible bullish price movement forecast for the next 3 days towards 16.9100.
Supported by Upward sloping Moving Average
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