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Source: AvaTrade Forex Broker (Review and Rebate Forex)

EUR/USD 

Summary :
Target Level : 1.0929
Target Period : 2 days

Analysis :
Channel Up identified at 27-Jul-23:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.093 within the next 2 days.

Resistance Levels :
( B ) 1.113Last resistance turning point of Channel Up.

Support Levels
( A ) 1.0929Last support turning point of Channel Up.

EUR/USD Chart

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USD/JPY

Summary :
Target Level : 124.105
Target Period : 3 days

Analysis :
Channel Down identified at 27-Jul-22:00 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 124.105 within the next 3 days.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 124.105Last resistance turning point of Channel Down.

Support Levels
( A ) 123.0Last support turning point of Channel Down.

USD/JPY Chart

 

usdjpy chart

 

GBP/USD

Summary :
Target Level : 1.5538
Target Period : 6 hours

Analysis :
Triangle has broken through the support line at 28-Jul-02:00 2015 GMT-5. Possible bearish price movement forecast for the next 6 hours towards 1.554.

Supporting Indicators :
RSI above 60

Resistance Levels :
( B ) 1.558Last resistance turning point of Triangle.

Support Levels
( A ) 1.5557Last support turning point of Triangle.

GBP/USD Chart

unnamed (1)

 

USD/CHF

Summary :
Target Level : 0.964
Target Period : 2 days

Analysis :
Pennant identified at 27-Jul-15:00 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.964 within the next 2 days.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 0.964Last resistance turning point of Pennant.

Support Levels
( A ) 0.9537Last support turning point of Pennant.

USD/CHF Chart

unnamed (2)

 

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Reply

Gopal Says

0 1

Good



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