USDJPY pair resume fundamentally strong down trend , technically it could possible repeat history with recovery until selling area of 38.2% Fibo.
Sell USD JPY
Stop loss: 108.20
USD/CHF pair is now drifting lower for seventh consecutive day and is currently trading at day's through near 0.9525.As technical there is a strong support near 0.9500, , could possible hold this with 5th impluse wave run towards 0.9580/0.9590, If failure to hold this will see 0.9450 atleast.
BUY USD ...
GBP USD has competed 38.2% fibo , if break this next target to complete atleast 50% fibo at 1.4800, But before going to make new high it could possible to make a new leg down to enter for buyers with the strong resistance and double top pattern.
Let's Short GBP USD
Stop loss: 1.4655
AUD JPY pair resume down trend , it has been completed 100% retraced, now it could possible to make two waves long atleast for retracement @8200 at 38.2% fibo with the strong support and with double bottom pattern, If breakout
BUY AUD JPY
STOP LOSS: 81.60
GOOD LUCK !
NZD USD pair nicely moving to wards up trend, expected to break 0.6900 yesterday , his pair has followed its sister pair downwards, I expect strong support of 0.6825 so it should hold before the FOMC release due later.
There is big news due for both sides of this pair so there could be some wild swings ...
GBP CHF has strong up trend after broke bearish trend , could possible test soon 1.4400 area, but still there is a one leg down pending to make new high. If break 1.4225 then next target is 1.4300/1.4320
Sell GBP CHF
Stop loss: 1.4235
good luck !
USD JPY bullish views from yesterday , as technically pair trading on channel pattern, it should continue to complete channel pattern shadow.
BUY USD JPY
Stop loss: 111.04
Good Luck !
EUR USD Pair shift bearish trend to neutral range bond, as technically on 4hr candle pair trade above 200 MA with strong double bottom support on daily candle, as Macd shows buyer comes comes into market to break his channel to complete shadow of last high.
Expected Buying from 1.1301
Stop loss: ...
GBP JPY pair is one of the faster moving pair in yen pairs, As yen fundamentally weak due to Japanese looking for lower yen to get cheap credit , GBP JPY pair technically strong up trend with the completing retracement of 50% fibo with equal top/ bottom, bottom/top pattern. Expected another spike from yesterday ...
EUR JPY pair fake spike to reached 125.50 to complete retraced of 61.8% Fibo, On 4hr candle pair has broke 200MA, ,there is no buyer volume on this pair, possibly candle will close below 200MA to make start lower.
Stop loss: 126.05
GBP USD Still have strong up trend , it has completed 100% retraced from last high with 5 impluse waves, If break 1.4525 then next target is 1.4595/1.4620, But could possible to make new waves lower to spike higher.
Sell GBP USD
Stop loss: 1.4525
Buy GBP USd above ...