tandayu

tandayu Updated 

EURJPY Price action has recently been moving to the downside in a choppy and volatile fashion. On the 4H chart, we can see price has reached a confluence level at the 120.27 region, a short term role reversal level as well as sitting above the 61.8% Fib level and forming ABCD harmonic wave pattern. My short term bias for this pair favours the downside targeting...

tandayu

Kiwi Yen has recently been in a short-mid term corrective structure after an impressive bullish run that began in last Oct 2016. You can see that price was rejected twice off the 85.31 level, a previous major resistance and bulls now appear to be losing ground with price forming lower highs and lower lows. If this continues and price closes below the medium term...

tandayu

This NZDUSD 4H chart shows price retesting the RRL, whilst forming bearish ABCD pattern. We can potentially begin to see price heading towards the 0.71435-0.71651 from point D.