Forex (European Session)

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Market Movements Report Time: 18-Dec-2018 01:10 EST
Symbol Latest Price Daily Change
EURUSD 1.134  0.02%
USDJPY 112.59  0.03%
GBPUSD 1.263  0.02%
USDCHF 0.992  0%
Dow 23,592.98  0%
Nasdaq 6,450.15  0%
S&P 500 2,546.25  0%
FTSE 6,724.5  0.14%
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
30-Nov-08:00 -> 18-Dec-04:00
Target Level: 1.1392
SL: (A) 1.1268 Last TP of Channel Down
RL: (B) 1.1392 Last TP of Channel Down
Target Period: 16 hours
Interval 4 hour
Pattern Channel Down
Length 31 Candles
Identified 17-Dec-04:00
Channel Down identified at 17-Dec-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1392 within the next 16 hours.
Supported by Upward sloping Moving Average
USD/JPY
13-Dec-19:00 -> 18-Dec-01:00
Target Level: 112.8050
SL: (A) 112.4600 Last TP of Falling Wedge
RL: (B) 112.8050 Last TP of Falling Wedge
Target Period: 11 hours
Interval 30 Minutes
Pattern Falling Wedge
Length 68 Candles
Identified 18-Dec-01:00
Falling Wedge identified at 18-Dec-01:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 112.8050 within the next 11 hours.
Supported by RSI below 40
GBP/USD
13-Dec-20:45 -> 18-Dec-01:00
Target Level: 1.2658
SL: (A) 1.2608 Last TP of Triangle
RL: (B) 1.2633 Last TP of Triangle
Target Period: 10 hours
Interval 15 Minutes
Pattern Triangle
Length 150 Candles
Identified 17-Dec-22:30
Triangle has broken through the resistance line at 17-Dec-22:30. Possible bullish price movement forecast for the next 10 hours towards 1.2658.
Supported by Upward sloping Moving Average
USD/CHF
03-Dec-12:00 -> 18-Dec-04:00
Target Level: 0.9886
SL: (A) 0.9914 Last TP of Pennant
RL: (B) 0.9989 Last TP of Pennant
Target Period: 12 hours
Interval 4 hour
Pattern Pennant
Length 25 Candles
Identified 17-Dec-08:00
Pennant has broken through the support line at 17-Dec-08:00. Possible bearish price movement forecast for the next 12 hours towards 0.9886.
Supported by Downward sloping Moving Average
USD/CAD
11-Dec-23:00 -> 18-Dec-01:00
Target Level: 1.3373
SL: (A) 1.3373 Last TP of Channel Up
RL: (B) 1.3421 Last TP of Channel Up
Target Period: 16 hours
Interval 1 hour
Pattern Channel Up
Length 57 Candles
Identified 17-Dec-23:00
Channel Up identified at 17-Dec-23:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3373 within the next 16 hours.
Supported by RSI above 60
NZD/USD
26-Nov-00:00 -> 18-Dec-04:00
Target Level: 0.6912
SL: (A) 0.6775 Last TP of Channel Down
RL: (B) 0.6912 Last TP of Channel Down
Target Period: 3 days
Interval 4 hour
Pattern Channel Down
Length 55 Candles
Identified 17-Dec-04:00
Channel Down identified at 17-Dec-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6912 within the next 3 days.
GBP/JPY
13-Dec-04:00 -> 18-Dec-01:00
Target Level: 143.2380
SL: (A) 141.9900 Last TP of Falling Wedge
RL: (B) 143.2380 Last TP of Falling Wedge
Target Period: 18 hours
Interval 15 Minutes
Pattern Falling Wedge
Length 220 Candles
Identified 18-Dec-01:00
Falling Wedge identified at 18-Dec-01:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 143.2380 within the next 18 hours.
EUR/CHF
11-Dec-11:00 -> 18-Dec-01:00
Target Level: 1.1291
SL: (A) 1.1246 Last TP of Triangle
RL: (B) 1.1291 Last TP of Triangle
Target Period: 18 hours
Interval 1 hour
Pattern Triangle
Length 67 Candles
Identified 17-Dec-22:00
Triangle identified at 17-Dec-22:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1291 within the next 18 hours.
GBP/CAD
28-Nov-12:00 -> 18-Dec-04:00
Target Level: 1.7061
SL: (A) 1.6766 Last TP of Triangle
RL: (B) 1.6955 Last TP of Triangle
Target Period: 2 days
Interval 4 hour
Pattern Triangle
Length 42 Candles
Identified 17-Dec-08:00
Triangle has broken through the resistance line at 17-Dec-08:00. Possible bullish price movement forecast for the next 2 days towards 1.7061.
Supported by Upward sloping Moving Average
CAD/JPY
14-Dec-09:30 -> 18-Dec-01:00
Target Level: 84.3100
SL: (A) 83.8900 Last TP of Falling Wedge
RL: (B) 84.3100 Last TP of Falling Wedge
Target Period: 6 hours
Interval 30 Minutes
Pattern Falling Wedge
Length 40 Candles
Identified 18-Dec-00:30
Falling Wedge identified at 18-Dec-00:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 84.3100 within the next 6 hours.
Supported by RSI below 40
XAU/USD
14-Dec-13:00 -> 18-Dec-01:00
Target Level: 1245.2656
SL: (A) 1245.0000 Last TP of Rising Wedge
RL: (B) 1248.9900 Last TP of Rising Wedge
Target Period: 5 hours
Interval 30 Minutes
Pattern Rising Wedge
Length 32 Candles
Identified 18-Dec-01:00
Rising Wedge has broken through the support line at 18-Dec-01:00. Possible bearish price movement forecast for the next 5 hours towards 1245.2656.
XAG/USD
26-Nov-04:00 -> 18-Dec-04:00
Target Level: 14.8050
SL: (A) 14.4700 Last TP of Channel Up
RL: (B) 14.8050 Last TP of Channel Up
Target Period: 3 days
Interval 4 hour
Pattern Channel Up
Length 55 Candles
Identified 17-Dec-08:00
Channel Up identified at 17-Dec-08:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 14.8050 within the next 3 days.
Supported by Upward sloping Moving Average

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