Technical Analysis 27/03/2015 Asian market Report

Technical Analysis 27/03/2015 Asian market Report

USDJPY
Summary
Target Level 118.1065
Target Period 2 days

Analysis
Descending Triangle has broken through the support line at 26-Mar-08:00 2015 GMT. Possible bearish price movement forecast for the next 2 days towards 118.106.

Supporting Indicators
Downward sloping Moving Average

Resistance Levels
(A) 119.524 Last resistance turning point of Descending Triangle.

Support Levels 

Chart date range	11-Mar-12:00 GMT -> 26-Mar-16:00 GMT
Data interval	4 hour
RSI	34 Candles
MA	34 Candles

 Chart date range

11-Mar-12:00 GMT -> 26-Mar-16:00 GMT

  Data interval

4 hour

RSI

34 Candles

MA

34 Candles

GBPUSD

Summary
Target Level 1.47
Target Period 3 days

Analysis
Triangle has broken through the support line at 26-Mar-16:00 2015 GMT. Possible bearish price movement forecast for the next 3 days towards 1.47.

Resistance Levels
(A) 1.4994 Last resistance turning point of Triangle.

Support Levels

Chart date range	11-Mar-04:00 GMT -> 26-Mar-16:00 GMT
Data interval	4 hour
RSI	34 Candles
MA	34 Candles

Gold

Chart date range

11-Mar-04:00 GMT -> 26-Mar-16:00 GMT

Data interval

4 hour

RSI

34 Candles

MA

34 Candles

Summary
Target Level 1201.72
Target Period 5 hours

Analysis
Descending Triangle identified at 26-Mar-22:15 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1,201.72 within the next 5 hours.

Supporting Indicators
Downward sloping Moving Average

Resistance Levels
(B) 1205.7 Last resistance turning point of Descending Triangle.

Support Levels
(A) 1201.72 Last support turning point of Descending Triangle.

Chart date range	25-Mar-23:30 GMT -> 26-Mar-22:45 GMT
Data interval	15 Minutes
RSI	34 Candles
MA	34 Candles

Chart date range

25-Mar-23:30 GMT -> 26-Mar-22:45 GMT

Data interval

15 Minutes

RSI

34 Candles

MA

34 Candles

Source : STO/Autochartist

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