Daily Technical analysis by FreshForex

[tiptip]

GBP/USD Technical analysis

Summary :
Target Level : 1.4451
Target Period : 4 hours

Analysis :
Possible bearish price movement towards the support 1.4451 within the next 4 hours.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.45554 hour high volatility level

Support Levels
( A ) 1.44514 hour low volatility level

[tiptip]

USD/CHF Technical analysis

Summary :
Target Level : 0.9553
Target Period : 4 hours

Analysis :
Possible bearish price movement towards the support 0.9553 within the next 4 hours.

Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 0.96214 hour high volatility level

Support Levels
( A ) 0.95534 hour low volatility level

[tiptip]

USD/CAD Technical analysis

Summary :
Target Level : 1.272
Target Period : 12 hours

Analysis :
Triangle identified at 09-Jun-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.272 within the next 12 hours.

Resistance Levels :
( B ) 1.272Last resistance turning point of Triangle.

Support Levels
( A ) 1.267Last support turning point of Triangle.

[tiptip]

GBP/JPY Technical analysis

Summary :
Target Level : 156.252
Target Period : 16 hours

Analysis :
Falling Wedge identified at 09-Jun-05:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 156.252 within the next 16 hours.

Resistance Levels :
( B ) 156.252Last resistance turning point of Falling Wedge.

Support Levels
( A ) 154.4625Last support turning point of Falling Wedge.

[tiptip]

EUR/JPY Technical analysis

Summary :
Target Level : 122.705
Target Period : 3 days

Analysis :
Triangle identified at 08-Jun-20:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 122.705 within the next 3 days.

Resistance Levels :
( B ) 122.705Last resistance turning point of Triangle.

Support Levels
( A ) 121.328Last support turning point of Triangle.

[Razar Remon]

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[Razar Remon]

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