In my analysis of GBP/USD on the 4 HOUR CHART, I forecast that price is moving BEARISHLY toward Monthly Support. For price to move toward price 1.14112, price would need to break and retest monthly support. If price does not break monthly support, price will move bullishly toward weekly resistance.
In my analysis of GBP/USD on the DAILY Chart , I forecast that price is moving toward the monthly resistance price of $1.34533 after breaking the neck of the Inverted Head & Shoulders and retesting support. In this analysis, I utilized chart patterns and price action. FX:GBPUSD
In my analysis of USD/CAD on the DAILY CHART, This currency pair is currently Ranging from price $1.27863 to $1.26646. On the lower time frames, price may continue to move to the area of resistance of $1.27863 and down to $1.26646. Looking at the Monthly chart price was retracing as it hit the area of resistance. Price may turn around and continue moving...
In my analysis of USD/JPY on the 4HR CHART, This currency pair is moving BEARISHLY to the next level of resistance at price of $114.302. In this analysis, I used the Fib and Trendline Analysis. OANDA:USDJPY
In my analysis of EUR/USD on the MONTHLY CHART. This currency pair is overall moving Bearishly, but for the current month price has retraced and moved bullishly to price $1.15012 then lossing momentum creating a wick indicating price may continue the bearish trend. OANDA:EURUSD
In my analysis of BTC/USD on the DAILY CHART, this currency pair is currently retracing toward the 50% area of the Fibonnacci at price 48434.42, I forecast price will continue moving BEARISHLY toward price $45725.78. In this analysis, I used trend analysis, Fibonnacci and chart patterns. BITSTAMP:BTCUSD
In my analysis of GBP/ JPY , on the Monthly Chart, the retracement has reached the .618, which signifies the possibility of a reversal to continue the Bullish Trend . As confirmation, on the 4 Hour chart, a Bullish Expanding Triangle has formed. Price should reverse and begin moving Bullishly. In my analysis, I used the Fibonacci and Chart Patterns. FX:GBPJPY