IIAF

IIAF

The CADJPY move on trend line.price reach at the intersection of trend line and 82.97 support level last week. In my view, I am looking for sell opportunity between R1 and R2. Daily close below 82.97 level, open door to lower levels. On the other hand, consolidating above 83.95 expose higher levels.

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The GBPUSD has moved on red trend line since November. The pair could reach R1 last week. Now, I see two scenario for GBPUSD: First: price break red trend line support then it would go down 1.2910 area and perhaps lower level. Second: It is possible the pair currency pullback on red trend line and it go up R1 and R2.

IIAF

The USDJPY ended last week at a key resistance 109.70. close daily above 109.70 would expose toward 110.90 area. Alternatively, bearish price action from 109.70 could send the USDJPY back to key support at 108.42. Furthermore, daily close below 108.42, it is possible price move down lower supports.

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The eurusd move in ascending channel. In my view, Important resistance level is 1.1176,if this resistance break, it is possible the pair move up 1.1290 area. Alternatively, a daily candle close below 1.10850, price would move down 1.0990

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AUDUSD hit resistance 0.6930 also price break downtrend channel. After that price pullback to support 0.6861, in my view, I expect the price more fall about 0.6820. Anyway, I am looking for good point and confirmation to take buy for 0.7040 (green area)

IIAF

EURUSD make double bottom on support 1.0990 . It’s a confluence of support based on the intersection of a key horizontal level (1.0990) and ascending red channel support. As long as the price is above 1.0990, I see potential to move higher levels, perhaps into zone area at 1.1074. If price break zone area it will go up to resistance 1.1168. Alternatively...

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As you can see, US OIL moved in ascending channel from daily major support ( from 50.60 to 51.10). Finally price reach strong resistance 58.69 and it could not breakout the resistance. last week, US OIL came back to 55.05 area and break out ascending channel, In my view, US OIL would break support 54.98 and go down to major daily support.

IIAF

The GBPUSD consolidated last week after an incredibly aggressive 800 pip rally. However, the pair is still holding above 1.2770 support on a daily closing basis. I have to respect the potential for a move higher as long as 1.2770 is intact. A daily close below 1.2770 would expose the next key support at 1.2570. Alternatively, a push higher this week would likely...

IIAF

EURJPY after the upward movement of 400 pips on the uptrend channel , the pair started its correction last week. In my view the price consolidate above 119.82 then it would continue its uptrend toward 124.24

IIAF

If the price consolidates above the support level 1.1070, the pair will attract buyers with the target of 1.1245. But in my opinion the right area to buy could be between the support levels 1.1025 and 1.1070.

IIAF

In the last two weeks the price has fluctuated between 108.25 and 108.90. If the price close above 108.90 it is expected to reach higher resistance levels. Alternatively, a move below the recent consolidation lows around 108.20/30 would indicate weakness.

IIAF

As you can see the currency pair is uptrend at H4 (Green channel) and in my view the price could go up to about 0.6930

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gold

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gold

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In my view, USDJPY will go down to trend line

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Buy position

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Sell

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