Forex Report (2015.11.26)

Source:AvaTrade Forex Broker (Review and Forex Rebates Up to 85%)

EUR/USD Analysis 

Summary :
Target Level : 1.069
Target Period : 2 days

Analysis :
Channel Down identified at 26-Nov-01:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.069 within the next 2 days.

Resistance Levels :
( B ) 1.069Last resistance turning point of Channel Down.

Support Levels
( A ) 1.0566Last support turning point of Channel Down.

EUR/USD Chart

USD/JPY Analysis

Summary :
Target Level : 123.265
Target Period : 2 days

Analysis :
Falling Wedge identified at 25-Nov-13:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 123.265 within the next 2 days.

Supporting Indicators :
RSI below 40

Resistance Levels :
( B ) 123.265Last resistance turning point of Falling Wedge.

Support Levels
( A ) 122.2575Last support turning point of Falling Wedge.

USD/JPY Chart

AUD/USD Analysis

Summary :
Target Level : 0.7161
Target Period : 2 days

Analysis :
Rising Wedge has broken through the support line at 26-Nov-01:00 2015 GMT. Possible bearish price movement forecast for the next 2 days towards 0.716.

Supporting Indicators :
RSI above 60

Resistance Levels :
( B ) 0.7285Last resistance turning point of Rising Wedge.

Support Levels
( A ) 0.7189Last support turning point of Rising Wedge.

AUD/USD Chart