DammyForexlyfe

DammyForexlyfe Updated 

0.75000 seems to be the final bus-stop for the bulls, after the breakout of the bullish channel. Market went for another test and failed with the bears protecting the resistance and a swamp of sellers pilling orders. Target now is 0.73000

DammyForexlyfe Updated 

Long and Midterm CADJPY has been bearish making lower highs and lows on the 1HR, 2HR AND 4HR time frame respectively, 81.300 resistance zone is breakable for the bulls and a swamp of bears have taken over with a bearish rejection, the confirmation is a bearish engulfing along the trendline. The bears target 80.740

DammyForexlyfe

After the head and shoulder formation which lead to an aggressive bullish drive to 1.63000 momentum has changed and 1.63000 price mark seems unbreakable after a triple top. Market tried to test again but rejected resulting in an engulfing hammer, the bears are fully in play with targets at 1.61000.

DammyForexlyfe

GBPJPY has enjoyed a midterm bullish ride however the joys of the bears came to an end at 134.500 when the retest was complete after the breakout. All sights seems to be on 131.000 and bears are fully in play.

DammyForexlyfe

EURJPY is currently in a bearish channel making lowers highs & lows. It is currently being rejected by the trendline at the 120.00 price mark with bears taking out the bulls. 116.00 -115.00 seems to be the short term target. @forexlyfe

DammyForexlyfe

#USDCHF has been on a rising wedge on the mid-term but bearish making lower highs/lows in the higher TF. 0.99750 seems unbreakable at the moment after various test, price targets are 0.98140 & 0.97230 @forexlyfe #forex