Daily Technical Analysis by FreshForex

[francmorio]

USD/CAD Technical Analysis

 Summary :
Target Level : 1.3186
Target Period : 2 days

Analysis :
Channel Down identified at 01-Aug-01:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.319 within the next 2 days.

Resistance Levels :
( B ) 1.3186Last resistance turning point of Channel Down.

Support Levels
( A ) 1.3002Last support turning point of Channel Down.

[francmorio]

EUR/JPY Technical Analysis

Summary :
Target Level : 116.9475
Target Period : 3 days

Analysis :
Channel Down identified at 01-Aug-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 116.948 within the next 3 days.

Resistance Levels :
( B ) 116.9475Last resistance turning point of Channel Down.

Support Levels
( A ) 113.8795Last support turning point of Channel Down.

[francmorio]

GBP/CAD Technical Analysis

Summary :
Target Level : 1.7397
Target Period : 18 hours

Analysis :
Channel Down identified at 01-Aug-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.74 within the next 18 hours.

Resistance Levels :
( B ) 1.7397Last resistance turning point of Channel Down.

Support Levels
( A ) 1.7218Last support turning point of Channel Down.

[francmorio]

EUR/NZD Technical Analysis

Summary :
Target Level : 1.5531
Target Period : 6 hours

Analysis :
Falling Wedge identified at 01-Aug-04:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.553 within the next 6 hours.

Resistance Levels :
( B ) 1.5531Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.5451Last support turning point of Falling Wedge.

[francmorio]

GBP/NZD Technical Analysis

Summary :
Target Level : 1.8735
Target Period : 2 days

Analysis :
Channel Down identified at 01-Aug-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.874 within the next 2 days.

Supporting Indicators :
RSI below 40

Resistance Levels :
( B ) 1.8735Last resistance turning point of Channel Down.

Support Levels
( A ) 1.8304Last support turning point of Channel Down.