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EUR/USD: Falling Wedge has broken through the resistance line at 02-Mar-10:00. Possible bullish price movement forecast for the next 8 hours towards 1.1119. This message contains images. If you do not see the images, please ensure that you enable images to be downloaded. Click here to view this report online.

Forex Report Market Summary   Notifications Upcoming High Impact Economic Releases   Daily Notification Adp Employment Change 02-Mar-13:15   Balance of Trade 03-Mar-00:30   BoC Interest Rate Decision 02-Mar-15:00   Consumer Confidence 03-Mar-05:00   Unemployment Rate 03-Mar-09:00     We have awesome content to share with you. Please join us on Social Media to keep up to date: Click Here to Subscribe to our YouTube channel Click Here to Like us on Facebook Click Here to Follow us on Twitter Market Movements Report Time: 02-Mar-2022 11:12 UTC Symbol Latest Price Daily Change EURUSD 1.11 0.24% USDJPY 115.275 0.2% GBPUSD 1.332 0.06% USDCHF 0.919 0.04% Dow 33,290.89 1.78% Nasdaq 13,957.25 0.36% S&P 500 4,294.73 0.26% FTSE 7,360 0.8%   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 28-Feb-13:00 -> 02-Mar-10:00 Target Level: 1.1119   SL: (A) 1.1059 Last TP of Falling Wedge RL: (B) 1.1113 Last TP of Falling Wedge Target Period: 8 hours   Interval 30 Minutes Pattern Falling Wedge Length 51 Candles Identified 02-Mar-10:00 Falling Wedge has broken through the resistance line at 02-Mar-10:00. Possible bullish price movement forecast for the next 8 hours towards 1.1119. USD/JPY 13-Feb-22:30 -> 02-Mar-10:00 Target Level: 115.7280 Target Period: 3 days   Interval 30 Minutes Pattern Resistance Length 513 Candles Identified 02-Mar-09:30 Approaching Resistance level of 115.7280 identified at 02-Mar-09:30 Supported by Upward sloping Moving Average GBP/USD 28-Feb-00:00 -> 02-Mar-10:00 Target Level: 1.3289   SL: (B) 1.3289 4 hours low volatility level RL: (A) 1.3350 4 hours high volatility level Target Period: 4 hours   Interval 1 hour Length 24 Candles Identified 02-Mar-10:00 Possible bearish price movement towards the support 1.3289 within the next 4 hours. Supported by Downward sloping Moving Average AUD/USD 25-Feb-06:45 -> 02-Mar-10:00 Target Level: 0.7283   SL: (A) 0.7244 Last TP of Triangle RL: (B) 0.7283 Last TP of Triangle Target Period: 20 hours   Interval 15 Minutes Pattern Triangle Length 242 Candles Identified 02-Mar-09:45 Triangle identified at 02-Mar-09:45. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7283 within the next 20 hours. Supported by Upward sloping Moving Average USD/CHF 21-Feb-18:00 -> 02-Mar-10:00 Target Level: 0.9150   SL: (A) 0.9150 Last TP of Falling Wedge RL: (B) 0.9206 Last TP of Falling Wedge Target Period: 2 days   Interval 1 hour Pattern Falling Wedge Length 115 Candles Identified 02-Mar-10:00 Falling Wedge identified at 02-Mar-10:00. 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 Downward sloping Moving Average USD/CAD 21-Feb-17:00 -> 02-Mar-10:00 Target Level: 1.2654   SL: (A) 1.2654 Last TP of Falling Wedge RL: (B) 1.2745 Last TP of Falling Wedge Target Period: day   Interval 1 hour Pattern Falling Wedge Length 114 Candles Identified 02-Mar-08:00 Falling Wedge identified at 02-Mar-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2654 within the next day. NZD/USD 07-Feb-01:00 -> 02-Mar-13:00 Target Level: 0.6630   SL: (A) 0.6630 Last TP of Triangle RL: (B) 0.6791 Last TP of Triangle Target Period: 3 days   Interval 4 hour Pattern Triangle Length 61 Candles Identified 01-Mar-21:00 Triangle identified at 01-Mar-21:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6630 within the next 3 days. GBP/JPY 15-Feb-05:00 -> 02-Mar-13:00 Target Level: 154.5590   SL: (A) 152.6620 Last TP of Falling Wedge RL: (B) 154.5590 Last TP of Falling Wedge Target Period: day   Interval 4 hour Pattern Falling Wedge Length 30 Candles Identified 02-Mar-09:00 Falling Wedge identified at 02-Mar-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 154.5590 within the next day. EUR/CHF 01-Mar-07:00 -> 02-Mar-10:00   Interval 1 hour Pattern Big Movement Length 6 Candles Identified 02-Mar-09:00 EUR/CHF experienced a 0.6% bearish movement in the last 7 hours. GBP/CHF 28-Feb-18:00 -> 02-Mar-10:00 Target Level: 1.2266   SL: (A) 1.2197 Last TP of Falling Wedge Target Period: 7 hours   Interval 30 Minutes Pattern Falling Wedge Length 42 Candles Identified 02-Mar-10:00 Falling Wedge has broken through the resistance line at 02-Mar-10:00. Possible bullish price movement forecast for the next 7 hours towards 1.2266. EUR/CAD 28-Feb-18:00 -> 02-Mar-10:00   Interval 1 hour Pattern Big Movement Length 13 Candles Identified 02-Mar-09:00 EUR/CAD experienced a 0.69% bearish movement in the last 14 hours. GBP/CAD 24-Feb-21:00 -> 02-Mar-10:00 Target Level: 1.6981   SL: (A) 1.6887 Last TP of Falling Wedge RL: (B) 1.6981 Last TP of Falling Wedge Target Period: 15 hours   Interval 1 hour Pattern Falling Wedge Length 47 Candles Identified 02-Mar-10:00 Falling Wedge identified at 02-Mar-10:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.6981 within the next 15 hours. EUR/NZD 25-Feb-14:00 -> 02-Mar-10:00 Target Level: 1.6493   SL: (A) 1.6365 Last TP of Falling Wedge RL: (B) 1.6493 Last TP of Falling Wedge Target Period: 10 hours   Interval 1 hour Pattern Falling Wedge Length 31 Candles Identified 02-Mar-10:00 Falling Wedge identified at 02-Mar-10:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.6493 within the next 10 hours. Supported by RSI below 40 GBP/NZD 23-Jan-21:00 -> 01-Mar-21:00 Target Period: 11 hours   Interval Daily Pattern Consecutive Candles Length 5 Candles Identified 28-Feb-21:00 GBP/NZD experienced 5 consecutive bearish candles. Possible bullish price movement to follow. CAD/JPY 15-Feb-13:00 -> 02-Mar-13:00 Target Level: 91.0010   SL: (A) 90.0160 Last TP of Rising Wedge RL: (B) 91.0010 Last TP of Rising Wedge Target Period: day   Interval 4 hour Pattern Rising Wedge Length 29 Candles Identified 02-Mar-09:00 Rising Wedge identified at 02-Mar-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 91.0010 within the next day. Supported by Upward sloping Moving Average CHF/JPY 15-Feb-17:00 -> 02-Mar-13:00 Target Level: 125.6530   SL: (A) 124.7440 Last TP of Rising Wedge RL: (B) 125.6530 Last TP of Rising Wedge Target Period: day   Interval 4 hour Pattern Rising Wedge Length 27 Candles Identified 02-Mar-05:00 Rising Wedge identified at 02-Mar-05:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 125.6530 within the next day. Supported by Upward sloping Moving Average NZD/JPY 13-Feb-21:00 -> 02-Mar-13:00 Target Level: 76.6250   SL: (A) 76.6250 Last TP of Triangle RL: (B) 78.0930 Last TP of Triangle Target Period: day   Interval 4 hour Pattern Triangle Length 34 Candles Identified 01-Mar-17:00 Triangle identified at 01-Mar-17:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 76.6250 within the next day. Supported by RSI above 60 Disclaimer This service is subject to this privacy policy, disclaimers and terms and conditions.

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