the pair seems to be following a trend line and respiting fib levels .i see a trend line and impulse and correction movement .next target is expected to be 1.07500. a close below 1.08300 would be nice .entry 1.084
looks like the trend line is holding up.1.365 sl for this one going all the way to 1.415
first target was reached ,now expecting moves 127.5 then 125.1
its at consolidating level ,1.27 would be my buy entry
a multi year trend pattern was broken on weekly tf .now a drop to the said level and up move to 1.234
multi year trend was broken ,so what i expect is a retest of 109.950.and a long bull strory to 122
it broke the upper trendline ,looks like its coming back for a retest. 1.16300 would be a good entry for a swing
usdjpy is at a critical level ,a good long term drop ,or an exceptional take off .watch dxy
with gold closing below 1735 since Wednesday ,the red gate has been opened .and now we look for probability of hitting 1700-07 or 1680 .keep your eyes peeled ,an easy advice watch from the sidelines. The market could spike to 1765
gold is bullish long term. But for now i see a possible drop to 1680 to create double bottom for a good take off to 1850. for now it has been consolidating between 1725 and 1742, good entries for scaping.breaking 1720-18 opens doors for 1707-00,this area was not tested ,if 1700 holds then bull we go . but if it decides to go up for now then 1770-80 good entries to...
im expecting usdjpy to drop after reaching 109.680 to 107.7 . a consolidation of this area (109.5-108.2) .looks like dxy is also becoming weak