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Source : AvaTrade Forex Broker (Review and Forex Rebate)

EUR/USD Analysis

Summary :
Target Level : 1.0925
Target Period : 17 hours

Analysis :
Triangle identified at 26-Jul-17:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.092 within the next 17 hours.

Resistance Levels :
( B ) 1.0994Last resistance turning point of Triangle.

Support Levels
( A ) 1.0925Last support turning point of Triangle.

EUR/USD Chart

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GBP/USD Analysis 

Summary :
Target Level : 1.5527
Target Period : 7 hours

Analysis :
Ascending Triangle identified at 26-Jul-17:30 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.553 within the next 7 hours.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 1.5527Last resistance turning point of Ascending Triangle.

Support Levels
( A ) 1.5506Last support turning point of Ascending Triangle.

GBP/USD Chart

gbpusd

 

USD/CAD Analysis

Summary :
Target Level : 1.2948
Target Period : 3 days

Analysis :
Rising Wedge identified at 24-Jul-19:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.295 within the next 3 days.

Resistance Levels :
( B ) 1.3104Last resistance turning point of Rising Wedge.

Support Levels
( A ) 1.2948Last support turning point of Rising Wedge.

USD/CAD Chart

USDCAD

 

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