Market Watch: The Week Ahead

EUR/USD: Approaching Support level of 1.0490 identified at 03-May-17:00 Supported by Downward sloping Moving Average USD/JPY: Channel Up identified at 03-May-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 131.2520 within the next 2 days. Supported by Upward sloping Moving Average This message contains images. If you do not see the images, please ensure that you enable images to be downloaded.

Forex Report Market Summary   Notifications Upcoming High Impact Economic Releases   Daily Notification Adp Employment Change 04-May-12:15   Balance of Trade 04-May-06:00   Fed Interest Rate Decision 04-May-18:00   Fed Press Conference 04-May-18:30   ISM Non-Manufacturing PMI 04-May-14:00   RBA Chart Pack 04-May-01:30     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: 03-May-2022 22:13 UTC Symbol Latest Price Daily Change EURUSD 1.052 0.06% USDJPY 130.125 0.11% GBPUSD 1.25 0.29% USDCHF 0.979 0.15% Dow 33,117.77 0.17% Nasdaq 13,042.38 0.25% S&P 500 4,164.54 0.22% FTSE 7,521.5 0.82%   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 27-Apr-07:00 -> 03-May-22:00 Target Level: 1.0490 Target Period: 11 hours   Interval 1 hour Pattern Support Length 66 Candles Identified 03-May-17:00 Approaching Support level of 1.0490 identified at 03-May-17:00 Supported by Downward sloping Moving Average USD/JPY 14-Apr-09:00 -> 04-May-01:00 Target Level: 131.2520   Support: (A) 129.6970 Last TP of Channel Up Resistance: (B) 131.2520 Last TP of Channel Up Target Period: 2 days   Interval 4 hour Pattern Channel Up Length 43 Candles Identified 03-May-21:00 Channel Up identified at 03-May-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 131.2520 within the next 2 days. Supported by Upward sloping Moving Average GBP/USD 13-Mar-21:00 -> 03-May-21:00   Interval Daily Pattern Big Movement Length 12 Candles Identified 02-May-21:00 GBP/USD experienced a 4.49% bearish movement in the last 19 days. USD/CHF 02-May-05:30 -> 03-May-22:00 Target Level: 0.9766 Target Period: 7 hours   Interval 15 Minutes Pattern Support Length 114 Candles Identified 03-May-21:15 Approaching Support level of 0.9766 identified at 03-May-21:15 Supported by Downward sloping Moving Average NZD/USD 29-Apr-08:00 -> 03-May-22:00 Target Level: 0.6411   Support: (A) 0.6411 Last TP of Descending Triangle Resistance: (B) 0.6458 Last TP of Descending Triangle Target Period: 5 hours   Interval 1 hour Pattern Descending Triangle Length 24 Candles Identified 03-May-20:00 Descending Triangle identified at 03-May-20:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.6411 within the next 5 hours. Supported by Downward sloping Moving Average EUR/CHF 28-Apr-21:00 -> 03-May-22:00 Target Level: 1.0255   Support: (A) 1.0255 Last TP of Channel Up Resistance: (B) 1.0315 Last TP of Channel Up Target Period: 9 hours   Interval 1 hour Pattern Channel Up Length 34 Candles Identified 03-May-20:00 Channel Up identified at 03-May-20:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0255 within the next 9 hours. GBP/CHF 26-Apr-22:00 -> 03-May-22:00 Target Level: 1.2278   Support: (A) 1.2201 Last TP of Rising Wedge Resistance: (B) 1.2278 Last TP of Rising Wedge Target Period: 20 hours   Interval 1 hour Pattern Rising Wedge Length 75 Candles Identified 03-May-18:00 Rising Wedge identified at 03-May-18:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.2278 within the next 20 hours. EUR/CAD 18-Apr-23:00 -> 03-May-22:00 Target Level: 1.3389   Support: (A) 1.3389 Last TP of Channel Down Resistance: (B) 1.3593 Last TP of Channel Down Target Period: 3 days   Interval 1 hour Pattern Channel Down Length 208 Candles Identified 03-May-21:00 Channel Down identified at 03-May-21:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.3389 within the next 3 days. Supported by Downward sloping Moving Average GBP/CAD 25-Apr-19:00 -> 03-May-22:00 Target Level: 1.5963 Target Period: 21 hours   Interval 1 hour Pattern Support Length 100 Candles Identified 03-May-19:00 Broke through Support level of 1.6057 at 03-May-19:00 Supported by Downward sloping Moving Average EUR/NZD 10-Feb-21:00 -> 03-May-21:00   Interval Daily Pattern Big Movement Length 19 Candles Identified 02-May-21:00 EUR/NZD experienced a 3.99% bullish movement in the last 28 days. GBP/NZD 28-Apr-08:00 -> 03-May-22:00 Target Level: 1.9347 Target Period: 6 hours   Interval 1 hour Pattern Support Length 44 Candles Identified 03-May-18:00 Broke through Support level of 1.9423 at 03-May-18:00 Supported by Downward sloping Moving Average CAD/JPY 12-Apr-17:00 -> 04-May-01:00 Target Level: 102.4110   Support: (A) 100.9120 Last TP of Triangle Resistance: (B) 102.4110 Last TP of Triangle Target Period: 3 days   Interval 4 hour Pattern Triangle Length 52 Candles Identified 03-May-21:00 Triangle identified at 03-May-21:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 102.4110 within the next 3 days. Supported by Upward sloping Moving Average NZD/JPY 29-Apr-16:30 -> 03-May-22:00 Target Level: 83.3700   Support: (A) 83.3700 Last TP of Falling Wedge Resistance: (B) 83.8150 Last TP of Falling Wedge Target Period: 10 hours   Interval 30 Minutes Pattern Falling Wedge Length 66 Candles Identified 03-May-21:30 Falling Wedge identified at 03-May-21:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 83.3700 within the next 10 hours. Supported by Downward sloping Moving Average Disclaimer This service is subject to this privacy policy, disclaimers and terms and conditions.

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