Daily Technical Analysis From AvaTrade

EUR/USD

Summary :
Target Level : 1.0965
Target Period : 2 daysAnalysis :
Head and Shoulders identified at 14-Jul-14:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.096 within the next 2 days.Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.1085Last resistance turning point of Head and Shoulders.

Support Levels
( A ) 1.0965Last support turning point of Head and Shoulders.

Chart date range : 07-Jul-15:00 GMT-5-> 15-Jul-02:00 GMT-5
Data interval :	hour
RSI:	34 Candles
MA:	34 Candles

GBP/USD

Summary :
Target Level : 1.5696
Target Period : 5 hoursAnalysis :
Ascending Triangle has broken through the resistance line at 14-Jul-20:00 2015 GMT-5. Possible bullish price movement forecast for the next 5 hours towards 1.57.Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :

Support Levels
( A ) 1.5628Last support turning point of Ascending Triangle.

Chart date range : 13-Jul-19:00 GMT-5-> 14-Jul-23:00 GMT-5
Data interval :	15 Minutes
RSI:	34 Candles
MA:	34 Candles

USD/CHF

Summary :
Target Level : 0.9534
Target Period : 2 daysAnalysis :
Inverse Head and Shoulders identified at 14-Jul-23:00 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.953 within the next 2 days.Resistance Levels :
( B ) 0.9534Last resistance turning point of Inverse Head and Shoulders.

Support Levels
( A ) 0.9414Last support turning point of Inverse Head and Shoulders.

Chart date range : 30-Jun-15:00 GMT-5-> 14-Jul-23:00 GMT-5
Data interval :	4 hour
RSI:	34 Candles
MA:	34 Candles

USD/CAD

Summary :
Target Level : 1.2653
Target Period : 3 daysAnalysis :
Rising Wedge identified at 14-Jul-15:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.265 within the next 3 days.Resistance Levels :
( B ) 1.2806Last resistance turning point of Rising Wedge.

Support Levels
( A ) 1.2653Last support turning point of Rising Wedge.

Chart date range : 28-Jun-15:00 GMT-5-> 14-Jul-23:00 GMT-5
Data interval :	4 hour
RSI:	34 Candles
MA:	34 Candles

NZD/USD

Summary :
Target Level : 0.6743
Target Period : 15 hoursAnalysis :
Triangle identified at 14-Jul-21:00 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.674 within the next 15 hours.Supporting Indicators :
Upward sloping Moving Average

Resistance Levels :
( B ) 0.6743Last resistance turning point of Triangle.

Support Levels
( A ) 0.6694Last support turning point of Triangle.

Chart date range : 10-Jul-04:30 GMT-5-> 14-Jul-23:00 GMT-5
Data interval :	30 Minutes
RSI:	34 Candles
MA:	34 Candles

EUR/CHF

Summary :
Target Level : 1.0393
Target Period : 2 daysAnalysis :
Double Top has broken through the support line at 14-Jul-03:00 2015 GMT-5. Possible bearish price movement forecast for the next 2 days towards 1.039.Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( A ) 1.0527Last resistance turning point of Double Top.

Support Levels

Chart date range : 07-Jul-00:00 GMT-5-> 15-Jul-02:00 GMT-5
Data interval :	hour
RSI:	34 Candles
MA:	34 Candles

EUR/CAD

Summary :
Target Level : 1.3985
Target Period : 2 daysAnalysis :
Head and Shoulders identified at 14-Jul-15:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.398 within the next 2 days.Supporting Indicators :
Downward sloping Moving Average

Resistance Levels :
( B ) 1.4133Last resistance turning point of Head and Shoulders.

Support Levels
( A ) 1.3985Last support turning point of Head and Shoulders.

Chart date range : 01-Jul-03:00 GMT-5-> 14-Jul-23:00 GMT-5
Data interval :	4 hour
RSI:	34 Candles
MA:	34 Candles

GBP/CAD

Summary :
Target Level : 1.9698
Target Period : 19 hoursAnalysis :
Channel Up identified at 14-Jul-18:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.97 within the next 19 hours.Resistance Levels :
( B ) 1.9961Last resistance turning point of Channel Up.

Support Levels
( A ) 1.9698Last support turning point of Channel Up.

Chart date range : 09-Jul-15:30 GMT-5-> 14-Jul-23:00 GMT-5
Data interval :	30 Minutes
RSI:	34 Candles
MA:	34 Candles

EUR/NZD

Summary :
Target Level : 1.654
Target Period : 21 hoursAnalysis :
Falling Wedge identified at 15-Jul-02:00 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.654 within the next 21 hours.Resistance Levels :
( B ) 1.654Last resistance turning point of Falling Wedge.

Support Levels
( A ) 1.6362Last support turning point of Falling Wedge.

Chart date range : 08-Jul-23:00 GMT-5-> 15-Jul-02:00 GMT-5
Data interval :	hour
RSI:	34 Candles
MA:	34 Candles

CAD/CHF

Summary :
Target Level : 0.7507
Target Period : 3 daysAnalysis :
Channel Down identified at 12-Jul-23:00 2015 GMT-5. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.751 within the next 3 days.Resistance Levels :
( B ) 0.7507Last resistance turning point of Channel Down.

Support Levels
( A ) 0.734Last support turning point of Channel Down.

Chart date range : 24-Jun-19:00 GMT-5-> 14-Jul-23:00 GMT-5
Data interval :	4 hour
RSI:	34 Candles
MA:	34 Candles

CHF/JPY

Summary :
Target Level : 129.4
Target Period : 23 hoursAnalysis :
Triangle identified at 14-Jul-14:00 2015 GMT-5. This pattern is still in the process of forming. Possible bearish price movement towards the support 129.4 within the next 23 hours.Resistance Levels :
( B ) 130.97Last resistance turning point of Triangle.

Support Levels
( A ) 129.4Last support turning point of Triangle.