Forex Report (European Session)

EUR/USD: Rising Wedge identified at 29-Jun-07:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1292 within the next 14 hours. Supported by RSI above 60

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Market Movements Report Time: 29-Jun-2017 08:15 CEST
Symbol Latest Price Daily Change
EURUSD 1.141 0.48%
USDJPY 112.191 0.14%
GBPUSD 1.296 1.26%
USDCHF 0.958 0.23%
Dow 21,454.61 0.23%
Nasdaq 5,752.64 0.87%
S&P 500 2,440.27 0.08%
FTSE 7,364.5 0.23%
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
26-Jun-12:30 -> 29-Jun-08:30 		Target Level: 1.1292
SL: (A) 1.1292 Last TP of Rising Wedge
RL: (B) 1.1419 Last TP of Rising Wedge

Target Period: 14 hours

Interval 30 Minutes
Pattern Rising Wedge
Length 91 Candles
Identified 29-Jun-07:30
Rising Wedge identified at 29-Jun-07:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1292 within the next 14 hours.
Supported by RSI above 60
USD/JPY
06-Jun-11:00 -> 29-Jun-11:00 		Target Level: 111.4635
SL: (A) 111.4635 Last TP of Rising Wedge
RL: (B) 112.4675 Last TP of Rising Wedge

Target Period: 3 days

Interval 4 hour
Pattern Rising Wedge
Length 57 Candles
Identified 28-Jun-11:00
Rising Wedge identified at 28-Jun-11:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 111.4635 within the next 3 days.
GBP/USD
28-Jun-04:30 -> 29-Jun-08:15 		Target Level: 1.2976
SL: (A) 1.2952 Last TP of Ascending Triangle
RL: (B) 1.2976 Last TP of Ascending Triangle

Target Period: 5 hours

Interval 15 Minutes
Pattern Ascending Triangle
Length 69 Candles
Identified 29-Jun-07:45
Ascending Triangle identified at 29-Jun-07:45. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2976 within the next 5 hours.
Supported by Upward sloping Moving Average
USD/CAD
23-Jun-01:00 -> 29-Jun-09:00 		Target Level: 1.3199
SL: (A) 1.3013 Last TP of Channel Down
RL: (B) 1.3199 Last TP of Channel Down

Target Period: 10 hours

Interval 1 hour
Pattern Channel Down
Length 56 Candles
Identified 29-Jun-00:00
Channel Down identified at 29-Jun-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3199 within the next 10 hours.
NZD/USD
08-Jun-23:00 -> 29-Jun-11:00 		Target Level: 0.7343
SL: (A) 0.7254 Last TP of Rising Wedge
RL: (B) 0.7343 Last TP of Rising Wedge

Target Period: 2 days

Interval 4 hour
Pattern Rising Wedge
Length 45 Candles
Identified 28-Jun-19:00
Rising Wedge identified at 28-Jun-19:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7343 within the next 2 days.
Supported by Upward sloping Moving Average
EUR/CAD
27-Jun-16:00 -> 29-Jun-08:30 		Target Level: 1.4833
SL: (A) 1.4833 Last TP of Triangle
RL: (B) 1.4872 Last TP of Triangle

Target Period: 5 hours

Interval 30 Minutes
Pattern Triangle
Length 40 Candles
Identified 29-Jun-07:00
Triangle identified at 29-Jun-07:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.4833 within the next 5 hours.
GBP/NZD
26-Jun-13:00 -> 29-Jun-08:30 		Target Level: 1.7800
SL: (A) 1.7693 Last TP of Channel Up
RL: (B) 1.7800 Last TP of Channel Up

Target Period: 14 hours

Interval 30 Minutes
Pattern Channel Up
Length 90 Candles
Identified 29-Jun-07:30
Channel Up identified at 29-Jun-07:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.7800 within the next 14 hours.
Supported by Upward sloping Moving Average
CAD/JPY
23-Jun-14:30 -> 29-Jun-08:30 		Target Level: 85.0185
SL: (A) 85.0185 Last TP of Channel Up
RL: (B) 86.3365 Last TP of Channel Up

Target Period: 15 hours

Interval 30 Minutes
Pattern Channel Up
Length 123 Candles
Identified 29-Jun-03:00
Channel Up identified at 29-Jun-03:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 85.0185 within the next 15 hours.
CAD/CHF
27-Jun-23:15 -> 29-Jun-08:15 		Target Level: 0.7373
SL: (A) 0.7348 Last TP of Rising Wedge
RL: (B) 0.7373 Last TP of Rising Wedge

Target Period: 6 hours

Interval 15 Minutes
Pattern Rising Wedge
Length 86 Candles
Identified 29-Jun-07:15
Rising Wedge identified at 29-Jun-07:15. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7373 within the next 6 hours.
Supported by Upward sloping Moving Average
CHF/JPY
26-Jun-13:00 -> 29-Jun-08:30 		Target Level: 116.1095
SL: (A) 116.1095 Last TP of Rising Wedge
RL: (B) 117.3610 Last TP of Rising Wedge

Target Period: 15 hours

Interval 30 Minutes
Pattern Rising Wedge
Length 91 Candles
Identified 29-Jun-08:00
Rising Wedge identified at 29-Jun-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 116.1095 within the next 15 hours.
Supported by RSI above 60
NZD/JPY
22-Jun-22:30 -> 29-Jun-08:30 		Target Level: 81.3115
SL: (A) 81.3115 Last TP of Channel Up
RL: (B) 82.2685 Last TP of Channel Up

Target Period: 2 days

Interval 30 Minutes
Pattern Channel Up
Length 161 Candles
Identified 29-Jun-08:00
Channel Up identified at 29-Jun-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 81.3115 within the next 2 days.
XAU/USD
14-Jun-17:00 -> 29-Jun-09:00 		Target Level: 1255.7750

Target Period: 2 days

Interval 1 hour
Pattern Resistance
Length 191 Candles
Identified 29-Jun-08:00
Approaching Resistance level of 1255.7750 identified at 29-Jun-08:00
Supported by Upward sloping Moving Average
XAG/USD
26-Jun-03:00 -> 29-Jun-08:00 		Target Level: 16.9752
SL: (B) 16.8118 4 hours low volatility level
RL: (A) 16.9752 4 hours high volatility level

Target Period: 4 hours

Interval 1 hour
Length 40 Candles
Identified 29-Jun-08:00
Possible bullish price movement towards the resistance 16.9752 within the next 4 hours.
Supported by Upward sloping Moving Average
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