DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ISHARES MSCI EMERGING INDEX FUND, AK STEEL HOLDING CORP, GENERAL ELECTRIC COMPANY, POWERSHARES QQQ TRUST, SERIES 1, BANK OF AMERICA CORP
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
This is a very clear view of how trendlines works as support and resistance
Look for a strong movement of price above/below the current price.. Then only enter trade once it retraces back to the 0.73206 level.
Look for long GBPJPY when the price closes above the current resistance and retraces back to that level.
EURGBP is making a downward retracement..
Daily: Uptrend movement making a higher low
H4: Downward movement making a lower low
Sell limit: 0.85900
USDJPY has hit the support level at 99.985 on 23/08/2016 and is now moving upward towards the 103.740 resistance level or the downwards trendline before it continues the higher TF major downtrend.