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.
2019-05-23 Double Top NZDCAD M15
The Double Top pattern has been formed on NZDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8719 is broken, the downward movement will continue.
2019-05-22 Double Top AUDCAD M30
The Double Top reversal pattern has been formed on AUDCAD M30. Characteristics: the upper boundary 0.9245; the lower boundary 0.9234; the width of the pattern is 10 points. Sell trades are better to be opened below the lower boundary 0.9234 with a possible movements towards the 0.9204 level.
2019-05-22 Inverse Head and Shoulder GOLD M5
According to the chart of M5, GOLD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 1272.80 while the median line of the Neck is set at 1273.42/1273.38. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of GOLD will go towards 1273.53.
2019-05-22 Double Bottom EURJPY M30
The Double Bottom pattern has been formed on EURJPY M30; the upper boundary is 123.09; the lower boundary is 122.94. The width of the pattern is 14 points. In case of a break of the upper boundary 123.09, 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.
|Time||Country||Macroeconomic Indices||Period||Previous Reading||Forecast||Actual Reading||Importance|
|10:00||Ifo Business Climate Index||May||99.2||99.2|
|10:00||Ifo Current Assessment||May||103.3||103.5|
|10:00||IFO - Expectations||May||95.2||95.0|
|10:30||Retail Sales With Auto Fuel||Apr||1.1% m/m; 6.7% y/y||-0.4% m/m; 4.5% y/y|
|10:30||Retail Sales Ex Auto Fuel||Apr||1.2% m/m; 6.2% y/y||-0.5% m/m; 4.3% y/y|
|13:30||ECB Monetary Policy Meeting Accounts||Apr|
|16:00||New Home Sales||Apr||692K; 4.5%||678K; -3.8%|