OctaFX Analytics

2021-07-09 10:11:59 TRADING IDEA
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Trading system - AUTOCHARTIST

#XAUUSD

Target Level: 1810.1600
Target Period: 10 hours
Interval: 1 hour
Pattern: Rising Wedge

Rising Wedge identified at 09-Jul-06:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1818.1600 within the next 2 days. Open / Comment

2021-07-09 10:10:07 TRADING IDEA
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Trading system - AUTOCHARTIST

#NZDUSD

Target Level: 0.7061
Target Period: 18 hours
Interval: 1 hour
Pattern: Channel Down

Channel Down identified at 09-Jul-07:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7061 within the next 18 hours. Open / Comment

2021-07-09 10:07:22 TRADING IDEA
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Trading system - AUTOCHARTIST

#USDCAD

Target Level: 1.2489
Target Period: 11 hours
Interval: 1 hour
Pattern: Triangle

Triangle has broken through the support line at 09-Jul-09:00. Possible bearish price movement forecast for the next 11 hours towards 1.2489. Open / Comment

2021-07-09 10:06:12 TRADING IDEA
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Trading system - AUTOCHARTIST

#AUDUSD

Target Level: 0.7463
Target Period: 13 hours
Interval: 15 minutes
Pattern: Falling Wedge

Falling Wedge has broken through the resistance line at 09-Jul-08:15. Possible bullish price movement forecast for the next 13 hours towards 0.7463.
Supported by Upward sloping Moving Average Open / Comment

2021-07-09 10:04:44 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPUSD

Target Level: 1.3897
Target Period: 2 days
Interval: 4 hour
Pattern: Channel Up

Channel Up identified at 09-Jul-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3897 within the next 2 days. Open / Comment

2021-07-09 09:35:09 #intraday_trading

Check out our intraday trading idea

EURUSD is possibly bullish

Technical analysis
The price lies between EMA(50) and EMA(100)
EMA(50) is higher than EMA(100), which is advantageous for bulls
The RSI is slightly above 50, showing a potential uprise
The MACD signal line is above 0, indicating a decline.

Key levels
Support 1.18032 1.17659
Resistance 1.18695 1.19059

Learn more Open / Comment

2021-07-08 15:52:54 TRADING IDEA
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Trading system - AUTOCHARTIST

#XAUUSD

Target Level: 1819.8358
Target Period: day
Interval: 1 hour
Pattern: Triangle

Triangle has broken through the resistance line at 08-Jul-11:00. Possible bullish price movement forecast for the next day towards 1819.8358.
Supported by Upward sloping Moving Average Open / Comment

2021-07-08 13:41:27 #intraday_trading

Check out our intraday trading idea

GBPJPY is possibly bearish

Technical analysis
The price lies beneath EMA(50) and EMA(100)
EMA(100) is higher than EMA(50), which is favourable for bears
The MACD is deep below 0, with the signal line pointing down
The RSI is below 50 near the oversold zone.

Key levels
Support 151.143 151.004
Resistance 152.151 152.684

Learn more Open / Comment

2021-07-08 09:55:35 TRADING IDEA
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Trading system - AUTOCHARTIST

#XAUUSD

Target Level: 1777.3003
Target Period: 2 days
Interval: 4 hour
Pattern: Triangle

Triangle has broken through the support line at 08-Jul-08:00. Possible bearish price movement forecast for the next 2 days towards 1777.3003.
Supported by RSI above 60 Open / Comment

2021-07-08 09:53:24 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPNZD

Target Level: 1.9854
Target Period: 2 days
Interval: 4 hour
Pattern: Channel Down

Channel Down identified at 07-Jul-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.9854 within the next 2 days.
Supported by Upward sloping Moving Average Open / Comment