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ICMarkets (European Session)

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EUR/USD: Falling Wedge identified at 02-Mar-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1233 within the next day.
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Market Movements Report Time: 03-Mar-2022 06:11 UTC
Symbol Latest Price Daily Change
EURUSD 1.11 0.03%
USDJPY 115.653 0.02%
GBPUSD 1.341 0.03%
USDCHF 0.92 0.02%
Dow 33,883.05 1.77%
Nasdaq 14,272.74 0.23%
S&P 500 4,394.11 0.19%
FTSE 7,405 0.07%
  Market Reports are generated 3 times per day. Each before the open of Tokyo, London and New York. These reports provide you with a snapshot of the technical outlook of the markets before the opening of the major financial centres.

Market movements show change in price from the same report 24 hours earlier.
Supporting RSI and Moving Averages are 34 candles
TP: Last Turning Point - used to identify Support (SL) and Resistance (RL) Levels
EUR/USD
15-Feb-13:00 -> 03-Mar-05:00
Target Level: 1.1233
 
SL: (A) 1.1059 Last TP of Falling Wedge
RL: (B) 1.1233 Last TP of Falling Wedge
Target Period: day
 
Interval 4 hour
Pattern Falling Wedge
Length 31 Candles
Identified 02-Mar-21:00
Falling Wedge identified at 02-Mar-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.1233 within the next day.
USD/JPY
28-Feb-19:00 -> 03-Mar-05:00
Target Level: 115.8186
 
SL: (B) 115.4934 4 hours low volatility level
RL: (A) 115.8186 4 hours high volatility level
Target Period: 4 hours
 
Interval 1 hour
Length 24 Candles
Identified 03-Mar-05:00
Possible bullish price movement towards the resistance 115.8186 within the next 4 hours.
Supported by Upward sloping Moving Average
GBP/USD
24-Feb-10:30 -> 03-Mar-05:00
Target Level: 1.3412
Target Period: 21 hours
 
Interval 30 Minutes
Pattern Resistance
Length 176 Candles
Identified 03-Mar-04:00
Approaching Resistance level of 1.3412 identified at 03-Mar-04:00
Supported by Upward sloping Moving Average
USD/CHF
21-Feb-16:00 -> 03-Mar-05:00
Target Level: 0.9150
 
SL: (A) 0.9150 Last TP of Falling Wedge
RL: (B) 0.9240 Last TP of Falling Wedge
Target Period: 2 days
 
Interval 1 hour
Pattern Falling Wedge
Length 133 Candles
Identified 03-Mar-04:00
Falling Wedge identified at 03-Mar-04:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.9150 within the next 2 days.
Supported by RSI above 60
NZD/USD
24-Feb-12:00 -> 03-Mar-05:00
Target Level: 0.6745
 
SL: (A) 0.6745 Last TP of Rising Wedge
RL: (B) 0.6800 Last TP of Rising Wedge
Target Period: 18 hours
 
Interval 1 hour
Pattern Rising Wedge
Length 69 Candles
Identified 03-Mar-01:00
Rising Wedge identified at 03-Mar-01:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6745 within the next 18 hours.
GBP/JPY
28-Feb-23:30 -> 03-Mar-05:00
Target Level: 154.9170
 
SL: (A) 154.8540 Last TP of Channel Up
Target Period: 10 hours
 
Interval 30 Minutes
Pattern Channel Up
Length 65 Candles
Identified 03-Mar-04:00
Channel Up identified at 03-Mar-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 154.9170 within the next 10 hours.
Supported by Upward sloping Moving Average
EUR/JPY
22-Feb-14:00 -> 03-Mar-05:00
Target Level: 127.3780
 
SL: (A) 127.3780 Last TP of Falling Wedge
RL: (B) 128.7700 Last TP of Falling Wedge
Target Period: day
 
Interval 1 hour
Pattern Falling Wedge
Length 110 Candles
Identified 03-Mar-01:00
Falling Wedge identified at 03-Mar-01:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 127.3780 within the next day.
EUR/CHF
16-Feb-01:00 -> 03-Mar-05:00
Target Level: 1.0160
 
SL: (A) 1.0160 Last TP of Falling Wedge
RL: (B) 1.0263 Last TP of Falling Wedge
Target Period: 2 days
 
Interval 4 hour
Pattern Falling Wedge
Length 30 Candles
Identified 03-Mar-05:00
Falling Wedge identified at 03-Mar-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0160 within the next 2 days.
Supported by Downward sloping Moving Average
GBP/CHF
15-Feb-05:00 -> 03-Mar-05:00
Target Level: 1.2404
 
SL: (A) 1.2197 Last TP of Channel Down
RL: (B) 1.2453 Last TP of Channel Down
Target Period: day
 
Interval 4 hour
Pattern Channel Down
Length 33 Candles
Identified 02-Mar-21:00
Channel Down has broken through the resistance line at 02-Mar-21:00. Possible bullish price movement forecast for the next day towards 1.2404.
EUR/CAD
28-Feb-19:30 -> 03-Mar-05:00
Target Level: 1.4032
 
RL: (A) 1.4040 Last TP of Falling Wedge
Target Period: 10 hours
 
Interval 30 Minutes
Pattern Falling Wedge
Length 70 Candles
Identified 03-Mar-03:00
Falling Wedge identified at 03-Mar-03:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.4032 within the next 10 hours.
Supported by Downward sloping Moving Average
GBP/CAD
28-Feb-03:00 -> 03-Mar-05:00
Target Level: 1.6887
 
SL: (A) 1.6887 Last TP of Channel Down
RL: (B) 1.6942 Last TP of Channel Down
Target Period: 6 hours
 
Interval 1 hour
Pattern Channel Down
Length 33 Candles
Identified 03-Mar-01:00
Channel Down identified at 03-Mar-01:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.6887 within the next 6 hours.
Supported by Downward sloping Moving Average
EUR/NZD
24-Feb-23:30 -> 03-Mar-05:00
Target Level: 1.6356
 
SL: (A) 1.6356 Last TP of Falling Wedge
RL: (B) 1.6410 Last TP of Falling Wedge
Target Period: day
 
Interval 30 Minutes
Pattern Falling Wedge
Length 154 Candles
Identified 03-Mar-05:00
Falling Wedge identified at 03-Mar-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.6356 within the next day.
Supported by Downward sloping Moving Average
GBP/NZD
15-Feb-17:00 -> 03-Mar-05:00
Target Level: 2.0001
 
SL: (A) 1.9621 Last TP of Channel Down
RL: (B) 2.0001 Last TP of Channel Down
Target Period: 19 hours
 
Interval 4 hour
Pattern Channel Down
Length 29 Candles
Identified 02-Mar-13:00
Channel Down identified at 02-Mar-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 2.0001 within the next 19 hours.
CHF/JPY
28-Feb-09:30 -> 03-Mar-05:00
Target Level: 125.8411
 
SL: (A) 124.9990 Last TP of Ascending Triangle
Target Period: 14 hours
 
Interval 30 Minutes
Pattern Ascending Triangle
Length 90 Candles
Identified 03-Mar-04:00
Ascending Triangle has broken through the resistance line at 03-Mar-04:00. Possible bullish price movement forecast for the next 14 hours towards 125.8411.
Supported by Upward sloping Moving Average
NZD/JPY
25-Feb-17:00 -> 03-Mar-05:00
Target Level: 78.5720
 
SL: (A) 78.1710 Last TP of Rising Wedge
RL: (B) 78.5720 Last TP of Rising Wedge
Target Period: 20 hours
 
Interval 30 Minutes
Pattern Rising Wedge
Length 122 Candles
Identified 03-Mar-05:00
Rising Wedge identified at 03-Mar-05:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 78.5720 within the next 20 hours.
Supported by Upward sloping Moving Average
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