CHFJPY will drop soon as it trades in a bearish flag. Be on the look out
This is the main structure of CHFJPY at the end of this week.
XAUUSD will create a new all time high before it can be bearish as it bounces off support trend line.
EURJPY looking to move up one last time before a potential bear run. Soon to rise up to 166.00. Chart is self-explanatory.
GBPUSD sending clear bearish signals on resistance after a breakout at retest. Price should drop from this area.
This pair is very tricky at this point as it rests on trend line. Many traders anticipate a breakout toward 17.5 but before that can happen, we believe sell will only be activated at 19.6. Let's buy and hold. The chart is self-explanatory.
GBPUSD looking to rise to 1.29. This is only a retracement as the overall structure is still bearish. We buy for now.
EURJPY has so much room to fall as we are right at the resistance. Target is around 152.00
USDZAR map for the next 2 months or so. Still bullish in my opinion.
This might be the last bullish stretch on USDZAR before potential downward movement towards 17.9
Now would be good time to enter sells and exploit this bearish structure. Swing trade on M1.
GBPUSD approaches resistance. Price should drop to the support as indicated on the chart.
EURJPY looks for local support at 160.94, I would like to see price bounce off from here to 165.00
Traders can looks to sell GBPUSD 1.28350 - 1.28500. Important week in the market which requires patience.
EJ last bullish stretch stretch before we can look to sell.
GBPUSD bullish pattern. Target is around 1.28, ride this bullish continuation.
USDZAR looking to bounce off local support. Buy at 19.14 and take profit above 19.35
Gold is aiming for local demand zone 2045. Stop loss below 2029