GBP/JPY - Buy PotentialGBP/JPY - 14/05/2020
We can take a long position for this pair as 1HR chart appears to form a bullish harmonic pattern and the support level hasn't been broken which indicating a bullish signal.
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EUR/JPY - Downside potentialEUR/JPY - 13/05/2020
4HRb chart shows a potential short opportunity as the price is heading towards the upper trendline of an ascending channel. We may wait for confirmation to sell this pair.
KRONO - 0.670 is key resistance levelKRONO - 13/05/2020
- Bullish ascending channel pattern
- MACD & RSI are bullish
- If 0.670 resistance is able to break, it is likely to go up to 0.805
- The lower trendline of ascending channel serves as immediate support level
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FPGROUP - Closed at Fibo 61.8% resistance levelFPGROUP - 13/05/2020
- Bullish trend is still strong
- MACD and RSI still bullish
- The price closed at 0.765 resistance area which also lines up with Fibo 61.8% retracement level
- Can hold if uptrend support line is not broken
- We may look for upside potential if 0.756 is broken out
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VIS - Bullish TrendVIS - 13/05/2020
- Bullish trend is still very strong
- Price rise is coupled by higher volume
- MACD and RSI still bullish
- Can hold as long as uptrend line is not broken
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