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USD/JPY Target Level: 109.8250
Rising Wedge identified at 30-May-2019 11:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 109.8250 within the next 7 hours. Supported by Upward sloping Moving Average Chart 15 MinutesPattern Rising WedgeLength 76 CandlesIdentified 30-May-2019 11:00 UTC
AUD/USD Target Level: 0.6939
Ascending Triangle identified at 30-May-2019 04:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6939 within the next 2 days. Supported by Upward sloping Moving Average Chart 4 hourPattern Ascending TriangleLength 47 CandlesIdentified 30-May-2019 04:00 UTC
CHF/JPY Target Level: 109.4200
Flag identified at 29-May-2019 04:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 109.4200 within the next 16 hours. Supported by RSI below 40 Chart 4 hourPattern FlagLength 28 CandlesIdentified 29-May-2019 04:00 UTC
Trade of the Day: USD/JPY
By: Dima Chernovolov USD/JPY continues to rise inside the 4-hour Falling Wedge chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Falling Wedge at the 6-bar level – which is the result of the medium Initial Trend (5 bars), lower Uniformity (4 bars) and near-maximum Clarity (9 bars). USD/JPY is…
CAD/JPY Target Level: 81.1260
Channel Down identified at 29-May-2019 10:30 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 81.1260 within the next 6 hours. Supported by RSI below 40 Chart 30 MinutesPattern Channel DownLength 38 CandlesIdentified 29-May-2019 10:30 UTC
GBP/USD Target Level: 1.2748
Triangle identified at 29-May-2019 04:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2748 within the next 2 days. Supported by RSI below 40 Chart 1 hourPattern TriangleLength 133 CandlesIdentified 29-May-2019 04:00 UTC
USD/JPY Target Level: 109.2040
Falling Wedge identified at 28-May-2019 19:30 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 109.2040 within the next day. Supported by Downward sloping Moving Average Chart 30 MinutesPattern Falling WedgeLength 169 CandlesIdentified 28-May-2019 19:30 UTC
AUD/USD Target Level: 0.6935
Channel Up identified at 28-May-2019 03:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6935 within the next day. Supported by Upward sloping Moving Average Chart 1 hourPattern Channel UpLength 107 CandlesIdentified 28-May-2019 03:00 UTC
USD/JPY Target Level: 109.2700
Channel Down identified at 27-May-2019 21:30 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 109.2700 within the next 20 hours. Supported by Downward sloping Moving Average Chart 30 MinutesPattern Channel DownLength 125 CandlesIdentified 27-May-2019 21:30 UTC
GBP/USD Target Level: 1.2646
Channel Up identified at 27-May-2019 08:00 UTC. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2646 within the next 13 hours. Supported by Downward sloping Moving Average Chart 30 MinutesPattern Channel UpLength 95 CandlesIdentified 27-May-2019 08:00 UTC