Next week I'm going to sell the pair. Limit orders are strongly advised.
Ichimoku approaching huge selling spree.
I see a failure in breaking through channel midline. A sell limit order is advisable in this case.
Take profit at nearest resistance level.
I see two double tops and a double bottom forming. I will trade this range based on technicals. However beware of FOMC event, it might abort this range.
EURJPY Is a tricky one, ichimoku shows a hint for resumoption of the weekly bullish trade. On the other hand the pair might completely revert its direction due to fundamental events upcoming. Watch it closely.
I think there is a small room to the upside before seeing how this channel's fate will develop.
Despite Clinton's recent turmoil on a fresh FBI investigation. I believe price based on technicals candle setting and fibonacci levels will rise in the short-run. My target is 0.5 level. Watch for market panic during elections and place stops accordingly.
Based on fibonacci and testing of upper resistance trendlines, price has a potential to rise and advance until 1.3570.
After a successful breakout from previous range, Gold may now rally to first target of 1340.
Long Orders above 0.7415 are favored.
Gold is now pausing its recent uptrend before FOMC statement and interest rate decision to be released. Orders above or below the highlighted triangle are favored.
With a risk for brexit and a negative FOMC statement, british pound could test next support level.