AutoChartist London Session Summary

USD/JPY

Summary : BEARISH

Target Level : 10279.7002

Target Period : 23 hours
Analysis :

Approaching Support level of 10279.7002 identified at 10-Oct-01:00 2016 GMT

Chart date range :

04-Oct-15:00 GMT-> 10-Oct-06:00 GMT

Data interval : 30 Minutes

RSI: 0 Candles

MA: 0 Candles

 

GBP/USD

Summary : BEARISH

Target Level : 12353.6104

Target Period : 7 hours
Analysis :

Broke through Support level of 12417.0996 at 10-Oct-03:30 2016 GMT

Chart date range :

07-Oct-03:00 GMT-> 10-Oct-06:00 GMT

Data interval : 30 Minutes

RSI: 0 Candles

MA: 0 Candles

 

AUD/USD

Summary : BULLISH – possible breakout

Target Level : 7631.5

Target Period : 3 days
Analysis :

Approaching Resistance level of 7631.5000 identified at 09-Oct-21:00 2016 GMT

Chart date range :

22-Sep-18:00 GMT-> 10-Oct-06:00 GMT

Data interval : 1 hour

RSI: 0 Candles

MA: 0 Candles

 

 

USD/CAD

Summary : BEARISH – Sell opportunity to bottom of trend.

Target Level : 13186.2

Target Period : 2 days
Analysis :

Channel Up identified at 09-Oct-22:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 13186.2000 within the next 2 days.
Resistance Levels :

( B ) 13313.3Last resistance turning point of Channel Up.
Support Levels

( A ) 13186.2Last support turning point of Channel Up.

Chart date range :

03-Oct-01:00 GMT-> 10-Oct-06:00 GMT

Data interval : 1 hour

RSI: 0 Candles

MA: 0 Candles

 

 

 

NZD/USD

Summary : BULLISH – Breakout up

Target Level : 7184.25

Target Period : 5 hours
Analysis :

Triangle identified at 10-Oct-05:15 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 7184.2500 within the next 5 hours.
Resistance Levels :

( B ) 7184.25Last resistance turning point of Triangle.
Support Levels

( A ) 7148.7Last support turning point of Triangle.

 

Chart date range :

07-Oct-12:15 GMT-> 10-Oct-05:45 GMT

Data interval : 15 Minutes

RSI: 0 Candles

MA: 0 Candles

 

 

GBP/JPY

Summary : Bearish – As with all GBP pairs this week looks to continue the downward trend.

Target Level : 12744.2467

Target Period : 5 hours
Analysis :

Triangle has broken through the support line at 10-Oct-01:30 2016 GMT. Possible bearish price movement forecast for the next 5 hours towards 12744.2467.
Resistance Levels :

( A ) 12823.8Last resistance turning point of Triangle.
Support Levels

Chart date range :

07-Oct-09:00 GMT-> 10-Oct-06:00 GMT

Data interval : 30 Minutes

RSI: 0 Candles

MA: 0 Candles

 

 

EUR/JPY

Summary : BEARISH MOVEMENT

Target Level : 11505.2002

Target Period : 22 hours
Analysis :

Approaching Support level of 11505.2002 identified at 10-Oct-03:00 2016 GMT

 

Chart date range :

04-Oct-17:00 GMT-> 10-Oct-06:00 GMT

Data interval : 1 hour

RSI: 0 Candles

MA: 0 Candles

 

 

EUR/CAD

Summary : BEARISH – Sell to support line of the current trend

Target Level : 14692.3

Target Period : 2 days
Analysis :

Channel Up identified at 10-Oct-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 14692.3000 within the next 2 days.
Resistance Levels :

( B ) 14886.9Last resistance turning point of Channel Up.
Support Levels

( A ) 14692.3Last support turning point of Channel Up.

Chart date range :

04-Oct-08:00 GMT-> 10-Oct-08:00 GMT

Data interval : 4 hour

RSI: 0 Candles

MA: 0 Candles

 

 

 

EUR/NZD

Summary : Bearish – Possibly breaking out down out of the triangle formation.

Target Level : 15561.0

Target Period : 5 hours
Analysis :

Triangle identified at 10-Oct-05:30 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 15561.0000 within the next 5 hours.
Resistance Levels :

( B ) 15658.5Last resistance turning point of Triangle.
Support Levels

( A ) 15561.0Last support turning point of Triangle.

Chart date range :

07-Oct-12:00 GMT-> 10-Oct-06:00 GMT

Data interval : 30 Minutes

RSI: 0 Candles

MA: 0 Candles

 

 

GBP/NZD – Already signaled

Summary : BEARISH – Has broken down out of triangle formation

Target Level : 17232.0384

Target Period : 6 hours
Analysis :

Triangle has broken through the support line at 10-Oct-05:30 2016 GMT. Possible bearish price movement forecast for the next 6 hours towards 17232.0384.
Resistance Levels :

( B ) 17357.0Last resistance turning point of Triangle.
Support Levels

( A ) 17308.1Last support turning point of Triangle.

Chart date range :

07-Oct-08:15 GMT-> 10-Oct-05:45 GMT

Data interval : 15 Minutes

RSI: 0 Candles

MA: 0 Candles

 

 

CAD/JPY

Summary : BEARISH – Breaking Trend already.

Target Level : 7732.6989

Target Period : 3 days
Analysis :

Rising Wedge has broken through the support line at 07-Oct-12:00 2016 GMT. Possible bearish price movement forecast for the next 3 days towards 7732.6989.
Resistance Levels :

( B ) 7874.65Last resistance turning point of Rising Wedge.
Support Levels

( A ) 7636.9Last support turning point of Rising Wedge.

Chart date range :

27-Sep-00:00 GMT-> 10-Oct-08:00 GMT

Data interval : 4 hour

RSI: 0 Candles

MA: 0 Candles

 

 

CAD/CHF

Summary : BULLISH

Target Level : 7448.0

Target Period : 2 days
Analysis :

Flag identified at 10-Oct-00:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 7448.0000 within the next 2 days.
Resistance Levels :

( B ) 7448.0Last resistance turning point of Flag.
Support Levels

( A ) 7357.05Last support turning point of Flag.

Chart date range :

04-Oct-08:00 GMT-> 10-Oct-08:00 GMT

Data interval : 4 hour

RSI: 0 Candles

MA: 0 Candles

 

 

CHF/JPY

Summary : BEARISH

Target Level : 10508.7998

Target Period : 21 hours
Analysis :

Approaching Support level of 10508.7998 identified at 10-Oct-01:30 2016 GMT

Chart date range :

04-Oct-20:30 GMT-> 10-Oct-06:00 GMT

Data interval : 30 Minutes

RSI: 0 Candles

MA: 0 Candles

 

 

NZD/JPY

Summary :

Target Level : 7424.8

Target Period : 5 hours
Analysis :

Rectangle identified at 10-Oct-05:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 7424.8000 within the next 5 hours.
Resistance Levels :

( B ) 7424.8Last resistance turning point of Rectangle.
Support Levels

( A ) 7355.0Last support turning point of Rectangle.

Chart date range :

07-Oct-11:30 GMT-> 10-Oct-06:00 GMT

Data interval : 30 Minutes

RSI: 0 Candles

MA: 0 Candles

Disclaimer :
The research contained in this report should not be construed as a solicitation to trade. All opinions, news, research, analyses, prices or other information is provided as general market commentary and not as investment advice.
Autochartist, MDIO Software, their members, shareholders, employees, agents, representatives and resellers do not warrant the completeness, accuracy or timeliness of the information supplied, and they shall not be liable for any loss or damage, consequential or otherwise, which may arise from the use or reliance on the service and its content.
No representation is being made that any results discussed within the service and its related media content will be achieved, and past performance is not indicative of future performance.

LEAVE A REPLY