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.
2019-08-26 Bullish Rectangle NZDCHF M5
According to the chart of M5, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.6211 – 0.6211 and upper border 0.6219 – 0.6219. In case the lower border is broken, the instrument is likely to follow the downward trend.
2019-08-26 Double Bottom EURJPY M5
The Double Bottom pattern has been formed on EURJPY M5; the upper boundary is 117.33; the lower boundary is 117.20. The width of the pattern is 12 points. In case of a break of the upper boundary 117.33, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
2019-08-26 Double Bottom GBPJPY M5
The Double Bottom pattern has been formed on GBPJPY 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 129.75 is broken. The further movements will rely on the width of the current pattern 74 points.
2019-08-26 Bearish Rectangle NZDCAD M5
According to the chart of M5, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8500 and support 0.8481. In case the resistance level 0.8500 - 0.8500 is broken, the instrument is likely to follow the bullish trend.
|Time||Country||Macroeconomic Indices||Period||Previous Reading||Forecast||Actual Reading||Importance|
|10:00||Ifo Business Climate Index||Aug||95.7||95.1|
|10:00||Ifo Current Assessment||Aug||99.4||98.8|
|10:00||IFO - Expectations||Aug||92.2||91.8|
|14:30||Durable Goods Orders||Jul||2.0% m/m; 1.2% m/m||1.4% m/m; 0.2% m/m|
|16:00||FOMC Member James Bullard Speaks|