GBP/JPY falls below 150.00 The consolidation phase in GBP/JPY appears to be over as the pair plunges another 190 pips today to the lowest since August 2013. The decline started late last year but the pair had been in a consolidation phase since February...
It is the confirmation or denial of a trend that determines whether an investor will sit tight today and hold his or her position or decide to enter or exit an issue that could be long or short the market...
GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.689 within the next 2 days. Resistance Levels : ( B ) 0.7141Last resistance turning point of Channel Up. Support Levels ( A ) 0.689Last support turning point of Channel Up...
Triangle identified at 09-Jun-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.272 within the next 12 hours. Resistance Levels : ( B ) 1.2722Last resistance turning point of Triangle. Support Levels ( A ) 1...
Analysis : Triangle identified at 08-Jun-08:30 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 74.35 within the next 10 hours. Supporting Indicators : RSI above 60 Resistance Levels...
US Dollar heading into a critical support level in 11,800 which is also the 76.4% fib from from the 14th May 2015 swing lows. I am expecting price to stall there for a few days as we are massively oversold...
Pre US Open, Daily Technical Analysis Wednesday, June 08, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the upside prevails. Pivot: 1.1315 Most Likely Scenario: long positions above 1...
USD/JPY on the 4HR sold off before reaching the 108.00 level i was looking at for a potential sell. If price reaches the 108.00 level which was a strong support previously look for an opportunity to sell with profit target at a retest of the lows at 106.50 as the pair is heavily bearish show less...
Channel Down identified at 07-Jun-08:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.893 within the next 3 days. Resistance Levels : ( B ) 1.8929Last resistance turning point of Channel Down. Support Levels ( A ) 1...
Summary : Target Level : 83.86 Target Period : 6 hours Analysis : Rising Wedge identified at 07-Jun-11:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 83.86 within the next 6 hours...
Target Level : 109.59 Target Period : 8 hours Analysis : Falling Wedge identified at 02-Jun-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 109.59 within the next 8 hours. Resistance Levels...
Head and Shoulders has broken through the support line at 01-Jun-00:00 2016 GMT. Possible bearish price movement forecast for the next 3 days towards 1.885. Supporting Indicators : Downward sloping Moving Average Resistance Levels : ( A ) 1.9181Last resistance turning point of Head and Shoulders...
Analysis : Triangle has broken through the resistance line at 31-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 0.729. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
arget Level : 0.9886 Target Period : 10 hours Analysis : Channel Up identified at 30-May-11:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.989 within the next 10 hours. Supporting Indicators...
Triangle identified at 26-May-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 109.09 within the next 3 days. Supporting Indicators : Downward sloping Moving Average Resistance Levels : ( B ) 110...
Summary : Target Level : 1.123 Target Period : 3 days Analysis : Falling Wedge has broken through the resistance line at 26-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 1.123...
Analysis : Falling Wedge identified at 25-May-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.123 within the next 2 days. Resistance Levels : ( B ) 1.1227Last resistance turning point of Falling Wedge. Support Levels...
Analysis : Triangle identified at 24-May-04:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.123 within the next 6 hours. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
