FreshForex analysis

Trading Discussion Trade Journals
1

EUR/USD Technical analysis

[B]Summary :[/B]
Target Level : 1.139
Target Period : 4 hours

[B]Analysis :[/B]
Possible bullish price movement towards the resistance 1.139 within the next 4 hours.

[B]Supporting Indicators :[/B]
Upward sloping Moving Average

[B]Resistance Levels :[/B]
( A ) 1.1394 hour high volatility level

[B]Support Levels[/B]
( B ) 1.1344 hour low volatility level

2

USD/JPY Technical analysis

[B]Summary :[/B]
Target Level : 107.915
Target Period : 21 hours

[B]Analysis :[/B]
Triangle identified at 08-Jun-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 107.915 within the next 21 hours.

[B]Resistance Levels :[/B]
( B ) 107.915Last resistance turning point of Triangle.

[B]Support Levels[/B]
( A ) 106.7185Last support turning point of Triangle

3

GBP/CAD Technical analysis

[B] Summary :[/B]
Target Level : 1.8918
Target Period : 3 days

[B]Analysis :[/B]
Channel Down identified at 07-Jun-08:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.892 within the next 3 days.
[B]
Resistance Levels :[/B]
( B ) 1.8918Last resistance turning point of Channel Down.
[B]
Support Levels[/B]
( A ) 1.8486Last support turning point of Channel Down.

4

CAD/JPY Technical analysis

[B]Summary :[/B]
Target Level : 83.1991
Target Period : 13 hours

[B]Analysis :[/B]
Triangle has broken through the support line at 08-Jun-01:00 2016 GMT. Possible bearish price movement forecast for the next 13 hours towards 83.199.

[B]Resistance Levels :[/B]
( B ) 84.343Last resistance turning point of Triangle.
[B]
Support Levels[/B]
( A ) 83.6375Last support turning point of Triangle.

5

CHF/JPY Technical analysis

[B] Summary :[/B]
Target Level : 110.5976
Target Period : 5 hours

[B]Analysis :[/B]
Triangle has broken through the support line at 08-Jun-00:30 2016 GMT. Possible bearish price movement forecast for the next 5 hours towards 110.598.
[B]
Supporting Indicators :[/B]
Downward sloping Moving Average

[B]Resistance Levels :[/B]
( A ) 111.2325Last resistance turning point of Triangle.

[B]Support Levels [/B]