tommustoe

tommustoe

A shooting star has ended the week. If we were to break down below the bottom of the shooting star, then it is likely that the market goes to look towards the ¥157.50 level, maybe even lower than that. A pullback certainly makes quite a bit of sense and I think would be welcomed news by both the bullish and bearish alike. The USD/JPY pair has pressed up against...

tommustoe

GBPUSD on a 4hr chart window. Has hit a solid resistance at 1.308. Price should bounce of resistance and slowly make its way to the next resistance at 1.34. If it hits this resistance you could see a sharp decline on the bounce for it to the recover up to the top end of Fib at 1.364