USD JPY analysis from September 10, 2017 to current date is carried out on a 4 hour time frame. Analysis and commentary is provided below based on the numbers indicated on the chart.
(1) The main trendline (in color red) of the USDJPY starting from January 26, 2016 (not shown here). The only pivot for price that meets with the bearish trendline shown here is...
The 4hr timeframe of the USDCHF is shown in this analysis from ~February 26, 2018 till present date. The June 14 till August 21, 2018 saw the USDCHF form a complex head and shoulders top pattern (ideally bearish).
Point of invalidation is when price action closes above the head (H) of the pattern which is ~1.00691. Projection of the termination point of the...
