Commodities Report

Market Movements Report Time: 28-Nov-2018 06:11 EST
Symbol Latest Price Daily Change
EURUSD 1.129  0.02%
USDJPY 113.765  0.05%
GBPUSD 1.279  0.43%
USDCHF 0.998  0.1%
Dow 24,750.39  0.01%
Nasdaq 6,701.69  0%
S&P 500 2,682.47  0.01%
FTSE 7,010.5  0.57%
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-Nov-13:30 -> 28-Nov-06:00
Target Level: 1.1307
SL: (A) 1.1266 Last TP of Falling Wedge
RL: (B) 1.1299 Last TP of Falling Wedge
Target Period: 7 hours
Interval 30 Minutes
Pattern Falling Wedge
Length 43 Candles
Identified 28-Nov-06:00
Falling Wedge has broken through the resistance line at 28-Nov-06:00. Possible bullish price movement forecast for the next 7 hours towards 1.1307.
USD/JPY
19-Nov-01:30 -> 28-Nov-06:00
Target Level: 112.6570
SL: (A) 112.6570 Last TP of Channel Up
RL: (B) 113.8410 Last TP of Channel Up
Target Period: 2 days
Interval 30 Minutes
Pattern Channel Up
Length 281 Candles
Identified 28-Nov-05:00
Channel Up identified at 28-Nov-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 112.6570 within the next 2 days.
Supported by Downward sloping Moving Average
GBP/USD
14-Nov-12:00 -> 28-Nov-08:00
Target Level: 1.2864
SL: (A) 1.2733 Last TP of Flag
RL: (B) 1.2864 Last TP of Flag
Target Period: 2 days
Interval 4 hour
Pattern Flag
Length 24 Candles
Identified 28-Nov-04:00
Flag identified at 28-Nov-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2864 within the next 2 days.
Brent Crude
16-Nov-06:00 -> 28-Nov-06:00
Target Level: 58.4300
SL: (A) 58.4300 Last TP of Channel Down
RL: (B) 61.2600 Last TP of Channel Down
Target Period: 2 days
Interval 1 hour
Pattern Channel Down
Length 130 Candles
Identified 28-Nov-06:00
Channel Down identified at 28-Nov-06:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 58.4300 within the next 2 days.
Supported by Downward sloping Moving Average
Gold
06-Nov-00:00 -> 28-Nov-08:00
Target Level: 1211.4000
SL: (A) 1211.4000 Last TP of Triangle
RL: (B) 1231.4000 Last TP of Triangle
Target Period: 3 days
Interval 4 hour
Pattern Triangle
Length 59 Candles
Identified 28-Nov-00:00
Triangle identified at 28-Nov-00:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1211.4000 within the next 3 days.
Supported by Downward sloping Moving Average
S&P 500 Index
01-Nov-12:00 -> 27-Nov-17:00
Target Level: 2730.4177
SL: (A) 2632.5100 Last TP of Channel Down
RL: (B) 2743.6800 Last TP of Channel Down
Target Period: 2 days
Interval 1 hour
Pattern Channel Down
Length 95 Candles
Identified 27-Nov-16:00
Channel Down has broken through the resistance line at 27-Nov-16:00. Possible bullish price movement forecast for the next 2 days towards 2730.4177.
Supported by Upward sloping Moving Average
Paris Cac 40
22-Oct-08:00 -> 28-Nov-08:00
Target Level: 4894.3000
SL: (A) 4894.3000 Last TP of Channel Down
RL: (B) 5013.6900 Last TP of Channel Down
Target Period: 3 days
Interval 4 hour
Pattern Channel Down
Length 60 Candles
Identified 27-Nov-12:00
Channel Down identified at 27-Nov-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 4894.3000 within the next 3 days.
Frankfurt Xetra Dax
15-Nov-11:00 -> 28-Nov-06:00
Target Level: 11390.9300
SL: (A) 11264.6500 Last TP of Rising Wedge
RL: (B) 11390.9300 Last TP of Rising Wedge
Target Period: 10 hours
Interval 1 hour
Pattern Rising Wedge
Length 37 Candles
Identified 28-Nov-04:00
Rising Wedge identified at 28-Nov-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 11390.9300 within the next 10 hours.
Supported by Upward sloping Moving Average
FTSE 100 Index
21-Nov-10:00 -> 28-Nov-06:00
Target Level: 6984.5000
SL: (A) 6984.5000 Last TP of Triangle
RL: (B) 7060.0000 Last TP of Triangle
Target Period: 17 hours
Interval 1 hour
Pattern Triangle
Length 57 Candles
Identified 28-Nov-05:00
Triangle identified at 28-Nov-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 6984.5000 within the next 17 hours.
Supported by RSI above 60

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