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USD/JPY Target Level: 108.2850
Triangle identified at 24-Jul-2019 20:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 108.2850 within the next 2 days. Supported by Upward sloping Moving Average Chart 4 hourPattern TriangleLength 37 CandlesIdentified 24-Jul-2019 20:00 UTC
Trade of the Day: AUD/JPY
By: Dima Chernovolov AUD/JPY continues to fall inside the daily Down Channel chart pattern which was identified earlier by Autochartist. Autochartist rates the quality of this Down Channel at the 5-bar level – which is the result of the slow Initial Trend (1 bar), medium Uniformity (5 bars) and significant Clarity (7 bars). AUD/JPY is…
EUR/CHF Target Level: 1.0969
Falling Wedge identified at 24-Jul-2019 10:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0969 within the next 3 days. Supported by Downward sloping Moving Average Chart 1 hourPattern Falling WedgeLength 187 CandlesIdentified 24-Jul-2019 10:00 UTC
EUR/USD Target Level: 1.1224
Channel Down identified at 24-Jul-2019 06:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1224 within the next 22 hours. Supported by RSI below 40 Chart 1 hourPattern Channel DownLength 69 CandlesIdentified 24-Jul-2019 06:00 UTC
AUD/USD Target Level: 0.7057
Channel Down identified at 23-Jul-2019 22:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7057 within the next 24 hours. Supported by RSI below 40 Chart 30 MinutesPattern Channel DownLength 143 CandlesIdentified 23-Jul-2019 22:00 UTC
USD/JPY Target Level: 108.0690
Rising Wedge identified at 22-Jul-2019 21:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 108.0690 within the next 17 hours. Supported by Upward sloping Moving Average Chart 1 hourPattern Rising WedgeLength 55 CandlesIdentified 22-Jul-2019 21:00 UTC
USD/CAD Target Level: 1.3015
Channel Down identified at 19-Jul-2019 20:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3015 within the next 17 hours. Supported by Downward sloping Moving Average Chart 4 hourPattern Channel DownLength 63 CandlesIdentified 19-Jul-2019 20:00 UTC
GBP/USD Target Level: 1.2591
Approaching Resistance level of 1.2591 identified at 18-Jul-2019 20:00 UTC Supported by RSI below 40 Chart 4 hourPattern ResistanceLength 136 CandlesIdentified 18-Jul-2019 20:00 UTC
Trade of the Day: EUR/GBP
By: Dima Chernovolov EUR/GBP continues to fall in the direction of the hourly Key Support level 0.8950 which was earlier identified by Autochartist. Autochartist rates the strength of this Key Support level at the 3-bar level – which is the result of the 3 recent upward reversals from this price level. EUR/GBP is expected to…
XAG/USD Target Level: 15.5300
Channel Up identified at 18-Jul-2019 07:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 15.5300 within the next 18 hours. Supported by RSI above 60 Chart 1 hourPattern Channel UpLength 69 CandlesIdentified 18-Jul-2019 07:00 UTC