According to technical analysis, we have solid sell EURUSD pair.
CADJPY pair has come an attention zone.
It looks like it gonna go down as Momentum indicate, but
if the red downtrend break, looking to buy the market.
We have two option to trade on EURJPY.
First, Sell now till 112.28
Second, wait till the back side of up trend line broke and the outer down trend line hit.
the market indicate Sell for a few week.
Yesterday, we bought and take profit.
Today, we hit 0.50% entrancement zone, the back side of trend line break, and level of left shoulder which indicate sell zone target.
AUDCAD has created short term entrancement buying opportunity.
Buy now until level of support and sell for long term.
Buy with care, USOIL forming King-crown formation.
Buy now and Sell when it reached level of Left Shoulder OR the back side of up trend line break.
Gold had reached outer trendline which signal Sell
the possibility is USDJPY will return the previous support level for future Resistance.
around 100 pips value
NZDJPY form new entry level according to counter trend line break.
NZDJPY has made buying opportunity.
Here is time to buy today target.
20 Pips Risk
48 Pips Reward
In about four to eight hours, EURAUD could create 150pips Risk and 404pips Reword winning trade.
First, wait for Candle formation.
Second, wait for RSI and Momentum Index to make uturn below oversold zone.
EURGBP pair has long term bearish potential.
if this week candle close above the counter trendline the market should go back to pivot point or 0.382 fib retracement.
We should buy now or buy at the backsite of the trendline toward the outer trendline/ Fibonacci -0.618 extension.
King Crown in Daily and making lower low in two hours time frame. possible to sell
If USDCAD break counter trend line, there should be a sell opportunity to hit 0.786 fib retracement.
USDJPY has created potential buying opportunity when counter trend line has break out.
USDJPY could also be back all the way to 15/10/2014 low.