OctaFX Analytics

2021-05-12 10:08:16 DAILY FORECAST :

#GBPUSD bearish
#EURUSD may keep falling
#ETHUSD may keep rising

DETAILED INFORMATION IS HERE Open / Comment

2021-05-12 07:00:22 TODAY’S HIGHLIGHTS

Harmonized Index of Consumer Prices, Germany
Gross Domestic Product, UK
Manufacturing Production, UK
BoE's Governor-Designate Bailey speech, UK
Consumer Price Index Ex Food & Energy, USA
EIA Crude Oil Stocks change, USA

This affects:
EUR and its subsequent pairs
GBP and its subsequent pairs
USD and its subsequent pairs
oil prices (XBRUSD)

ECONOMIC CALENDAR Open / Comment

2021-05-11 10:13:25 DAILY FORECAST :

#EURGBP may keep retreating
#EURUSD may resume the upward trend today
#USDCAD may keep falling

DETAILED INFORMATION IS HERE Open / Comment

2021-05-11 09:56:06 ​​ TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPJPY

Target Level: 153.3890
Target Period: 6 hours
Interval: 30 minutes
Pattern: Triangle

Triangle identified at 11-May-08:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 153.3890 within the next 6 hours. Open / Comment

2021-05-11 09:52:46 ​​ TRADING IDEA
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Trading system - AUTOCHARTIST

#NZDUSD

Target Level: 0.7299
Target Period: day
Interval: 30 minutes
Pattern: Channel Up

Channel Up identified at 11-May-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.7299 within the next day. Open / Comment

2021-05-11 09:50:26 ​​ TRADING IDEA
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Trading system - AUTOCHARTIST

#EURUSD

Target Level: 1.2165
Target Period: 9 hours
Interval: 15 minutes
Pattern: Resistance

Approaching Resistance level of 1.2165 identified at 11-May-08:45
Supported by Upward sloping Moving Average Open / Comment

2021-05-11 07:00:25 TODAY’S HIGHLIGHTS

ZEW Survey - Economic Sentiment, Germany
BoE's Governor-Designate Bailey speech UK
API Weekly Crude Oil Stock, USA

This affects:
EUR and its subsequent pairs
GBP and its subsequent pairs
oil prices (XBRUSD)

ECONOMIC CALENDAR Open / Comment

2021-05-10 14:59:18 ​​ TRADING IDEA
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Trading system - AUTOCHARTIST

#XAUUSD

Target Level: 1843.1900
Target Period: 14 hours
Interval: 15 minutes
Pattern: Channel Up

Channel Up identified at 10-May-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1843.1900 within the next 14 hours.
Supported by Upward sloping Moving Average Open / Comment

2021-05-10 14:56:50 ​​ TRADING IDEA
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Trading system - AUTOCHARTIST

#CADJPY

Target Level: 89.0650
Target Period: 2 days
Interval: 30 minutes
Pattern: Channel Up

Channel Up identified at 10-May-13:30. This pattern is still in the process of forming. Possible bearish price movement towards the support 89.0650 within the next 2 days. Open / Comment

2021-05-10 14:53:52 ​​ TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPCAD

Target Level: 1.7170
Target Period: 3 days
Interval: 4 hour
Pattern: Channel Down

Channel Down has broken through the resistance line at 10-May-12:00. Possible bullish price movement forecast for the next 3 days towards 1.7170.
Supported by Upward sloping Moving Average Open / Comment