Gold is ranging because of fomc news. Price could fall from this 1655 strong resistance area. if could not hold this area then we could see market pushing up . I am seeing price will come to 1635-1640 area and rise again it maybe before news or after news. Good luck!
Audjpy pair is about to break resistance area and continue bull run again. Market couldn't break its recent low so there is high chance to break last higher high. If break it will give us confirmation to go long positions. We will wait to drop at demand area to go long.
Now price could rise as i see there is strong support in 4 hour time frame @1733-1722 area. Market started to reverse as there is break of structure. now bull start to run from base supply area before structure break. First target would be around 1760 and second 1785 final target is 1807 from where market falldown aggressively.
Gbpjpy pair gonna falldown to find strong support. All the support zone are already tested so it's time to break recents support zone and make new low. As we can see there is flag pattern already break and went up for supply. Now price is at supply area and start to reject. Best price for sell Gbpjpy pair.
Now price is rejecting from last supply area from where bear are aggressive.We can see there is lots of struggle on bull side which indicates us price could fall again. Market is making rising wedge pattern and Break of rising wedge pattern will give us next clue
We can see bearish moves from supply zone. Usdjpy pair started to fall and break the structure of higher high/higher low. After breaking structure price moves up from short term demand area for the retracement. Now its time to make new low with break of flag pattern.