USDJPY Could possibly retest monthly resistance, LHs, LLs, MAs crossed and open! Monthly TL broken(strong!!!), Plus the tl retest! Target one is 108.00, this zone could possibly have some support, next target would be weekly support 106.90.
Everythingfx
USDJPYUJ has been bearish, constant LHs, LLs, and MAs have touched. NFP brought in buyers to continue the downtrend. 110.00 is quit strong, and UJ will break through this time. 38.20% fib level has also shown its strength.
GBPAUDThanks to BOE Rate decision, GBPAUD is back at monthly support, we will target our previous tp 1.6750 zone. Even though it seems bearish but the supports are strong and holding GBPAUD from falling.
GBPAUDEver since GBPAUD broke the ctl I was short on the pair, but we saw quiet a reversal. GA smashed through Daily and, Monthly resistance. Forming HHs, HLs, MAs are still open. We could expect 1.670 to confirm the downward structure break for higher time frames.
EURUSDEver since Euro broke consolidation zone, it's been smashing though ceilings , HHs, HLs, MAs are open. Euro could retest monthly support 1.1773 or 38.20% fib 1.1660 zone. Over all target is 1.2500.
GBPUSDGBPUSD Broke monthly resistance, retested it, constant HHs,HLs, MAs are open. Our target is weekly resistance 1.3450. Safe SL is a little under 38.20% fib, which is also the tl.
AUDJPYBullish structure broke, MAs crossed over, tl broken, and under monthly resistance 88.00. First target is 38.20% fib level, 86.30.
GBPJPYAlthough GBPJPY seems very bearish, Price is staying above weekly support and respecting TL. MAs are crossing over. (Risky trade)
GBPAUD GBPAUD should retest CTL before it continues it's downward trend. Monthly Resistance should hold.
USDCADUSDCAD will continue it's downward journey till Monthly supply 1.2245 zone. UC re-tested daily resistance and, now we could see it fall.
USDCADWeekly bearish, USDCAD has been super bearish, MA's crossed over, (open), UC will try to break its previous lows on weekly, potential target for now is monthly support 1.2245 zone. Analyze bigger picture.
GBPAUDTL broken, MAs crossed over, GA could retest to 1.6430 before it drops to Weekly support 1.6250.
GBPJPYCurrently at Weekly support 144.07, if 144.67 is broken and becomes the support GJ is expected to reach back to Monthly Resistance 147.47 zone. Anyhow, if GBPJPY breaks below weekly support 144.67, GJ could potentially reach 140.00 since the trend is bearish, and MAS touching each other on daily tf.
AUDJPYAUDJPY has broke the bearish structure, MAs have been crossed over, HLs and HHs. An uptrend channel has formed and its respecting the market move. We could see a retrest at monthly s 88.00 (CT) as its upper continuation move to weekly r 90.00. Once target reached further analysis will be updated.
EURJPYEURJPY has broken the trend line on weekly, CTL has also been broken, MAS crossed over. Bullish englufing on various time frames, EJ also broke out from its consolidation zone from 128.50 to 129.60. Now EJ could retrace back to weekly R 129.69 before it shoots up to monthly R 132.00.
EURUSD SHORT OPPPORTUNITY: 1.1650 DOWNSIDE TPEURUSD. Once again a challenge to firmly attach a solid bias to!
price structure indicates further swings to the downside before a med-term upmove.
Stops above 1.1350
EUR/JPY - SHORT OPPORTUNITY RISK REWARD MAKES SENSE. EUR/JPY - TWIN REJECTION FROM THE 124.00 RESISTANCE LEVEL (MONTHLY)
38.2% FIB RETRACEMENT - WITH A TOP DOWN BEARISH BIAS.
RISK REWARD MAKES SENSE. FURTHER DOWNSIDE EXPECTED: 122.80 TARGET.
120.00 FURTHER FORWARD POTENTIAL.
GBP/USD SHORT OPPORTUNITY GBPUSD - RESIDING IN A FORMAL BEARISH PENNANT (DAILY)
1.4420 SEEMS TO BE A STRONG BARRIER (LOWER HIGH) POINT OF RESISTANCE.
1:2.3 RISK REWARD WITH A TARGET AT THE WEEKLY AREA OF SUPPORT 1.4260.
A BREAK OF 1.4260 WILL LEAD THE PAIR RELATIVELY LOWER TO 1.4200.
HAPPY TRADING!
EURUSD - SHORT TO 1.1250EUR/USD
POTENTIAL RIGHT SHOULDER FORMING AROUND: 1.1370-90
SHORT BIAS WITH A TARGET AT: 1.1250
SHORT EURAUD Short. We have broken the upper trend line which is significant Bearish evidence. We have also retested and failed with a shooting star.
Target 1 : 152.63
