Mourad El Keddanni
Hossam Soliman Ali
MD Rocky Yaman
Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.
2018-02-21 Double Bottom USDJPY M5
The Double Bottom pattern has been formed on USDJPY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 107.61 is broken. The further movements will rely on the width of the current pattern 28 points.
2018-02-21 Double Bottom AUDUSD M30
The Double Bottom pattern has been formed on AUDUSD M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.7860 is broken. The further movements will rely on the width of the current pattern 20 points.
2018-02-21 Inverse Head and Shoulder NZDUSD M15
According to M15, NZDUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.7353/0.7350 is broken out, the pair is likely to move toward 0.7372.
2018-02-21 Double Top EURUSD D1
On the chart of EURUSD D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.2554; the lower boundary 1.2205; the width of the pattern 349 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.2165 level.
|Time||Country||Macroeconomic Indices||Period||Previous Reading||Forecast||Actual Reading||Importance|
|07:15||FOMC Member Randal K. Quarles Speaks|
|11:00||Ifo Business Climate||Feb||117.6||117.2|
|11:00||IFO - Current Assessment||Feb||127.7||127.0|
|11:00||IFO - Expectations||Feb||108.4||107.9|
|11:30||Second Estimate GDP||4 quarter||0.5% q/q; 1.5% y/y||0.5% q/q; 1.5% y/y|
|11:30||Business Investment||4 quarter||0.5% q/q; 1.7% y/y||0.4% q/q; 2.4% y/y|
|14:30||ECB Monetary Policy Meeting Accounts||Jan|
|15:30||Retail Sales||Dec||0.2% m/m; 1.6% m/m||-0.1% m/m; 0.0% m/m|
|17:00||FOMC Member William Dudley Speaks|
|18:00||Crude Oil Inventories||Feb||1841K|
|19:10||FOMC Member Raphael W. Bostic Speaks|
|23:45||Retail Sales||4 quarter||0.2% q/q; 0.5% q/q||1.4% q/q; 0.7% q/q|