Major Pairs Analysis

[Francmorio]

EURAUD Technical View For 24th May 2016

Direction :

Identified time : 2016-05-23 04:24 UTC
Breakout price : 1.5488
Forecast price : 1.54442
Forecast pips : -44
Probability : 64.41 %

 

[Francmorio]

EUR/USD Technical Analysis for 24 th May 2016

Summary :
Target Level : 1.1186
Target Period : 2 days

Analysis :
Descending Triangle identified at 24-May-02:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.119 within the next 2 days.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.1231

Last resistance turning point of Descending Triangle.

Support Levels
( A ) 1.1186

Last support turning point of Descending Triangle.

 

[Francmorio]

USD/JPY Technical Analysis 24th May 2016

Summary :
Target Level : 109.0739
Target Period : 4 hours

Analysis :
Possible bearish price movement towards the support 109.0739 within the next 4 hours.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 109.7041

4 hour high volatility level

Support Levels
( A ) 109.0739

4 hour low volatility level

 

[Francmorio]

GBP/USD Technical Analysis 24th May 2016

Summary :
Target Level : 1.444
Target Period : 4 hours

Analysis :
Possible bearish price movement towards the support 1.444 within the next 4 hours.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.4534

4 hour high volatility level

Support Levels
( A ) 1.444

4 hour low volatility level

 

[Francmorio]

USD/CHF Technical Analysis For 24th may 2016

Summary :
Target Level : 0.9939
Target Period : 4 hours

Analysis :
Possible bullish price movement towards the resistance 0.9939 within the next 4 hours.

Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( A ) 0.9939

4 hour high volatility level

Support Levels
( B ) 0.9883

4 hour low volatility level