OctaFX Analytics

2021-07-22 09:51:22 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPJPY

Target Level: 151.3370
Target Period: 18 hours
Interval: 15 minutes
Pattern: Resistance

Approaching Resistance level of 151.3370 identified at 22-Jul-08:30
Supported by Upward sloping Moving Average. Open / Comment

2021-07-22 08:59:01 #intraday_trading

Check out our intraday trading idea

USDCAD is possibly bearish

Technical analysis
The RSI is under the line 50, with the MACD indicating that a downtrend may prevail
The price is under MA(10) and MA(15), suggesting a possible downward movement

Key levels
Support 1.24447 1.25234
Resistance 1.26143 1.26706

Learn more Open / Comment

2021-07-22 07:00:02 TODAY’S HIGHLIGHTS

ECB Interest Rate Decision, euro zone
Initial Jobless Claims, USA
RBA's Governor Philip Lowe Speech, Australia

This affects:
EUR and its subsequent pairs
USD and its subsequent pairs
AUD and its subsequent pairs


ECONOMIC CALENDAR Open / Comment

2021-07-21 15:23:41 TRADING IDEA
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Trading system - AUTOCHARTIST

#NZDJPY

Target Level: 77.3970
Target Period: 3 days
Interval: 4 hour
Pattern: Falling Wedge

Falling Wedge identified at 21-Jul-00:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 77.3970 within the next 3 days. Open / Comment

2021-07-21 15:22:10 TRADING IDEA
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Trading system - AUTOCHARTIST

#CADJPY

Target Level: 88.5440
Target Period: 3 days
Interval: 4 hour
Pattern: Channel Down

Channel Down identified at 20-Jul-20:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 88.5440 within the next 3 days. Open / Comment

2021-07-21 15:20:53 TRADING IDEA
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Trading system - AUTOCHARTIST

#EURJPY

Target Level: 131.0820
Target Period: 3 days
Interval: 4 hour
Pattern: Channel Down

Channel Down identified at 21-Jul-04:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 131.0820 within the next 3 days. Open / Comment

2021-07-21 15:19:12 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPJPY

Target Level: 150.3850
Target Period: 7 hours
Interval: 1 hour
Pattern: Ascending Triangle

Ascending Triangle has broken through the resistance line at 21-Jul-12:00. Possible bullish price movement forecast for the next 7 hours towards 150.3850.
Supported by Upward sloping Moving Average Open / Comment

2021-07-21 13:40:37 #trading_spotlight

Every day we analyze the market trends, select the most newsworthy asset, and prepare technical analysis on it—to help you reduce risks and get prepared.

Today's tickers:

In the most likely scenario, #AUDUSD may challenge the first support level of 0.72895
In the most likely scenario, the #USDCHF pair may reach the first resistance level of 0.92330
It's possible to see #XAUUSD fail to break the first support level and rebound towards the first resistance level of 1,818.22

Learn more Open / Comment

2021-07-21 12:39:33 #intraday_trading

Check out our intraday trading idea

XBRUSD is possibly bullish

Technical analysis
The RSI is above line 50, with the MACD indicating that the uptrend may prevail
The price is above MA(10) and MA(15), suggesting a possible movement upwards

Key levels
Support 67.89 68.67 69.07
Resistance 69.70 70.36 71.00

Learn more Open / Comment

2021-07-21 10:57:33 Tip of the day

News that strongly influence Oil prices

U.S. Crude Oil Inventories;
U.S. Gasoline Inventories;
EIA Weekly Refinery Utilization Rates;

An increase in inventory leads to lower price , and a decrease in inventory leads to higher price .

News release time: every Wednesday. Open / Comment