Are Recession Fears Over?

USD/JPY: Channel Up identified at 15-Apr-05:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 125.0850 within the next 21 hours. Supported by RSI above 60 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 There are no upcoming high impact Economic release events available in this session   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: 15-Apr-2022 06:13 UTC Symbol Latest Price Daily Change EURUSD 1.081 0.02% USDJPY 126.422 0.04% GBPUSD 1.306 0.01% USDCHF 0.943 0.02% Dow 34,454.76 0.36% Nasdaq 13,929.44 0.27% S&P 500 4,404.54 0.28% FTSE 7,566 0.03%   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 12-Apr-20:00 -> 15-Apr-06:00 Target Level: 1.0783   Support: (B) 1.0783 4 hours low volatility level Resistance: (A) 1.0828 4 hours high volatility level Target Period: 4 hours   Interval 1 hour Length 24 Candles Identified 15-Apr-06:00 Possible bearish price movement towards the support 1.0783 within the next 4 hours. Supported by Downward sloping Moving Average USD/JPY 11-Apr-22:15 -> 15-Apr-06:00 Target Level: 125.0850   Support: (A) 125.0850 Last TP of Channel Up Resistance: (B) 126.5520 Last TP of Channel Up Target Period: 21 hours   Interval 15 Minutes Pattern Channel Up Length 258 Candles Identified 15-Apr-05:30 Channel Up identified at 15-Apr-05:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 125.0850 within the next 21 hours. Supported by RSI above 60 GBP/USD 10-Apr-22:00 -> 15-Apr-06:00 Target Level: 1.3142   Support: (A) 1.3045 Last TP of Channel Up Resistance: (B) 1.3142 Last TP of Channel Up Target Period: 21 hours   Interval 1 hour Pattern Channel Up Length 64 Candles Identified 15-Apr-06:00 Channel Up identified at 15-Apr-06:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3142 within the next 21 hours. AUD/USD 28-Mar-09:00 -> 15-Apr-09:00 Target Level: 0.7392   Support: (A) 0.7392 Last TP of Falling Wedge Resistance: (B) 0.7467 Last TP of Falling Wedge Target Period: day   Interval 4 hour Pattern Falling Wedge Length 41 Candles Identified 14-Apr-13:00 Falling Wedge identified at 14-Apr-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7392 within the next day. Supported by Downward sloping Moving Average USD/CHF 03-Mar-21:00 -> 14-Apr-21:00   Interval Daily Pattern Big Movement Length 10 Candles Identified 14-Apr-21:00 USD/CHF experienced a 2.15% bullish movement in the last 15 days. USD/CAD 10-Apr-21:00 -> 15-Apr-06:00 Target Level: 1.2521   Support: (A) 1.2521 Last TP of Channel Down Resistance: (B) 1.2642 Last TP of Channel Down Target Period: 17 hours   Interval 1 hour Pattern Channel Down Length 62 Candles Identified 15-Apr-03:00 Channel Down identified at 15-Apr-03:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2521 within the next 17 hours. GBP/JPY 01-Apr-13:00 -> 15-Apr-09:00 Target Level: 164.8420   Support: (A) 164.0310 Last TP of Rising Wedge Target Period: 14 hours   Interval 4 hour Pattern Rising Wedge Length 20 Candles Identified 14-Apr-21:00 Rising Wedge identified at 14-Apr-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 164.8420 within the next 14 hours. Supported by Upward sloping Moving Average EUR/JPY 31-Mar-05:00 -> 15-Apr-09:00 Target Level: 135.3413   Support: (A) 135.5400 Last TP of Triangle Resistance: (B) 136.9380 Last TP of Triangle Target Period: 14 hours   Interval 4 hour Pattern Triangle Length 26 Candles Identified 14-Apr-13:00 Triangle has broken through the support line at 14-Apr-13:00. Possible bearish price movement forecast for the next 14 hours towards 135.3413. Supported by RSI above 60 GBP/CAD 23-Mar-01:00 -> 15-Apr-09:00 Target Level: 1.6504   Support: (A) 1.6398 Last TP of Rising Wedge Resistance: (B) 1.6504 Last TP of Rising Wedge Target Period: 3 days   Interval 4 hour Pattern Rising Wedge Length 61 Candles Identified 14-Apr-21:00 Rising Wedge identified at 14-Apr-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.6504 within the next 3 days. Supported by Upward sloping Moving Average EUR/NZD 28-Mar-09:00 -> 15-Apr-09:00 Target Level: 1.5697   Support: (A) 1.5697 Last TP of Channel Up Resistance: (B) 1.6048 Last TP of Channel Up Target Period: day   Interval 4 hour Pattern Channel Up Length 41 Candles Identified 14-Apr-13:00 Channel Up identified at 14-Apr-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.5697 within the next day. Supported by RSI above 60 CAD/CHF 08-Apr-15:00 -> 15-Apr-06:00 Target Level: 0.7497   Support: (A) 0.7471 Last TP of Channel Up Resistance: (B) 0.7497 Last TP of Channel Up Target Period: 23 hours   Interval 1 hour Pattern Channel Up Length 70 Candles Identified 15-Apr-06:00 Channel Up identified at 15-Apr-06:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7497 within the next 23 hours. Supported by Upward sloping Moving Average CHF/JPY 11-Apr-20:00 -> 15-Apr-06:00 Target Level: 133.4170   Support: (A) 133.4170 Last TP of Channel Down Resistance: (B) 134.1200 Last TP of Channel Down Target Period: 11 hours   Interval 1 hour Pattern Channel Down Length 42 Candles Identified 15-Apr-04:00 Channel Down identified at 15-Apr-04:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 133.4170 within the next 11 hours. Supported by Downward sloping Moving Average NZD/JPY 12-Apr-01:00 -> 15-Apr-06:00 Target Level: 85.2250   Support: (A) 85.2250 Last TP of Channel Up Resistance: (B) 85.7440 Last TP of Channel Up Target Period: 11 hours   Interval 1 hour Pattern Channel Up Length 39 Candles Identified 15-Apr-05:00 Channel Up identified at 15-Apr-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 85.2250 within the next 11 hours. Disclaimer This service is subject to this privacy policy, disclaimers and terms and conditions.

To unsubscribe from this email, click here.