yin888

yin888 Updated 

A clean breakthrough of both turquoise trendline as shown on the H4 chart. I'm expecting a potential re-test of the trendline support before another upside move towards resistance area at 1.3588-1.3659. And when it re-test trendline support, it could re-test 100 EMA or 200 EMA as well and bounce back up. NFP this Friday could fuel this upside move.

yin888 Updated 

USDJPY H2 chart shows a successful bounce off resistance (yellow horizontal line) and close above the previous candle. If the next candle is a bullish momentum candle, this could go up to the 0.5 Fib level at 112.838 where I would look to Take Profit.

yin888 Updated 

After breaking through the resistance, price retreated to test the support and held. There is also a trendline support that is holding currently. I believe we will see a move down before breaking the next resistance area and testing the next area of resistance at 0.8952-0.8978 I would only go long if I get a clear break of this next resistance area.

yin888 Updated 

EURUSD could reject resistance trendline and fall to horizontal support before a bounce back up. I'm predicting a fall to that area before Friday and NFP will trigger that bounce off support area (1.1859-1.1919) on Friday.