The main trend was down for EUR/JPY however the trend line was broken in dec. '16. It has tested the 0.5 fib retracement level in te past days, it's likely that it will continue higher form here.
First target is around the 1.272 fib. extension
EUR/USD Found support at the 0.618 fib level. If the pair breaks trough the resistance (previous support - blue box) it will probably continue up towards the 0.5~0.618 fib. level. If the pair reaches that level, we will probably see a little pulback before it will continue higher towards the 1.272 extension.
First target still: 1.0730
Crude Oil (Brent) moved higher today. There is a possibility that in the next week the price will break trough the resistance of the symmetrical triangle.
If it breaks it wil probably continue higher. First resistance area is around 60.20 ~ 62.30, that's also my first target.
The pair has broke two major resistance on the daily time frame, see the red circles. We could possible see a retrace towards the .5 / .618 fib level. That would be a nice place to go long. Time will tell.
Just an idea! What’s your view? Please comment.