MarketOverview (European Session)

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Market Movements Report Time: 18-Dec-2018 01:11 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
Brent Crude
13-Dec-10:00 -> 18-Dec-01:00
Target Level: 58.5319
SL: (B) 58.5319 4 hours low volatility level
RL: (A) 59.0481 4 hours high volatility level
Target Period: 4 hours
Interval 1 hour
Length 24 Candles
Identified 18-Dec-00:00
Possible bearish price movement towards the support 58.5319 within the next 4 hours.
Supported by Downward sloping Moving Average
Gold
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.
S&P 500 Index 06-Nov-00:00 -> 18-Dec-00:00
Interval Daily
Pattern Big Movement
Length 8 Candles
Identified 18-Dec-00:00
S&P 500 Index experienced a 4.4% bearish movement in the last 12 days.
Paris Cac 40
11-Dec-10:30 -> 17-Dec-12:00
Target Level: 4872.8400
SL: (A) 4789.9100 Last TP of Falling Wedge
RL: (B) 4872.8400 Last TP of Falling Wedge
Target Period: 6 hours
Interval 30 Minutes
Pattern Falling Wedge
Length 40 Candles
Identified 17-Dec-11:30
Falling Wedge identified at 17-Dec-11:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 4872.8400 within the next 6 hours.
Frankfurt Xetra Dax
02-Nov-04:00 -> 17-Dec-12:00
Target Level: 10585.7700
SL: (A) 10585.7700 Last TP of Falling Wedge
RL: (B) 10886.8000 Last TP of Falling Wedge
Target Period: 4 days
Interval 4 hour
Pattern Falling Wedge
Length 57 Candles
Identified 17-Dec-12:00
Falling Wedge identified at 17-Dec-12:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 10585.7700 within the next 4 days.
Supported by Downward sloping Moving Average
FTSE 100 Index
13-Dec-00:00 -> 18-Dec-01:00
Target Level: 6693.5000
SL: (A) 6693.5000 Last TP of Channel Down
RL: (B) 6759.5000 Last TP of Channel Down
Target Period: 5 hours
Interval 1 hour
Pattern Channel Down
Length 24 Candles
Identified 17-Dec-23:00
Channel Down identified at 17-Dec-23:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 6693.5000 within the next 5 hours.
Supported by Downward sloping Moving Average

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