OctaFX Analytics

2021-07-16 10:20:05 TRADING IDEA
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Trading system - AUTOCHARTIST

#EURCAD

Target Level: 1.4692
Target Period: 3 days
Interval: 1 hour
Pattern: Triangle

Triangle identified at 16-Jul-08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.4692 within the next 3 days. Open / Comment

2021-07-16 10:11:28 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPJPY

Target Level: 153.4800
Target Period: 3 days
Interval: 1 hour
Pattern: Triangle

Triangle identified at 16-Jul-08:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 153.4800 within the next 3 days. Open / Comment

2021-07-16 10:05:37 TRADING IDEA
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Trading system - AUTOCHARTIST

#USDCHF

Target Level: 0.9220
Target Period: day
Interval: 4 hour
Pattern: Falling Wedge

Falling Wedge has broken through the resistance line at 15-Jul-20:00. Possible bullish price movement forecast for the next day towards 0.9220.
Supported by Upward sloping Moving Average Open / Comment

2021-07-16 09:50:37 TRADING IDEA
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Trading system - AUTOCHARTIST

#EURUSD

Target Level: 1.1789
Target Period: 4 hours
Interval: 1 hour

Possible bearish price movement towards the support 1.1789 within the next 4 hours.
Supported by Downward sloping Moving Average Open / Comment

2021-07-16 09:45:48 #intraday_trading

Check out our intraday trading idea

BTCUSD is possibly bearish

Technical analysis
The RSI is under line 50, with the price under MA (200) indicating that the downtrend may prevail
The price is slightly above MA(10) and MA(15), together with the CCI suggesting a possible upwards correction

Key levels
Support 30,751 31,135 31,655
Resistance 32,175 32,597 33,179

Learn more Open / Comment

2021-07-16 07:00:03 TODAY’S HIGHLIGHTS

BoJ Interest Rate Decision, Japan
Consumer Price Index, euro zone
Retail Sales, USA

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

ECONOMIC CALENDAR Open / Comment

2021-07-15 14:31:52 TRADING IDEA
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Trading system - AUTOCHARTIST

#XAUUSD

Target Level: 1817.4093
Target Period: 8 hours
Interval: 30 minutes
Pattern: Rising Wedge

Rising Wedge has broken through the support line at 15-Jul-13:30. Possible bearish price movement forecast for the next 8 hours towards 1817.4093.
Supported by Downward sloping Moving Average Open / Comment

2021-07-15 12:30:25 #intraday_trading

Check out our intraday trading idea

EURGBP is possibly bullish

Technical analysis
The RSI is above line 50, together with the CCI above 100, indicating that the uptrend may prevail.
The price broke through the MA (200), confirming the idea of the uptrend
The price is above MA(10) and MA(15), which may be suitable for opening long orders

Key levels
Support 0.85372 0.85074
Resistance 0.85558 0.85665 0.85819

Learn more Open / Comment

2021-07-15 10:43:26 TRADING IDEA
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Trading system - AUTOCHARTIST

#CADJPY

Target Level: 87.1020
Target Period: 3 days
Interval: 1 hour
Pattern: Channel Down

Channel Down identified at 15-Jul-00:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 87.1020 within the next 3 days.
Supported by Downward sloping Moving Average Open / Comment

2021-07-15 10:41:22 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPCHF

Target Level: 1.2611
Target Period: 15 hours
Interval: 1 hour
Pattern: Pennant

Pennant has broken through the support line at 14-Jul-20:00. Possible bearish price movement forecast for the next 15 hours towards 1.2611.
Supported by Downward sloping Moving Average Open / Comment