Technical Analysis 01/04/2015 Asian market Report

EUR/USD
Summary
Target Level 1.0846
Target Period 2 days

Analysis
Falling Wedge identified at 31-Mar-20:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.085 within the next 2 days.

Resistance Levels
(B) 1.0846 Last resistance turning point of Falling Wedge.

Support Levels
(A) 1.0712 Last support turning point of Falling Wedge.

USD/JPY

Summary
Target Level 119.145
Target Period 2 days

Analysis
Flag identified at 31-Mar-12:00 2015 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 119.145 within the next 2 days.

Resistance Levels
(B) 120.375 Last resistance turning point of Flag.

Support Levels
(A) 119.145 Last support turning point of Flag.

GBP/USD

Summary
Target Level 1.4994
Target Period 3 days

Analysis
Triangle identified at 31-Mar-16:00 2015 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.499 within the next 3 days.

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

Support Levels

(A) 1.4755 Last support turning point of Triangle.

Source: STO/Autochartist

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