Amillion-Jack

Amillion-Jack

Out of the major 8 banks that spoke concerning the policy decision BOJ will be making by 3:00 GMT , they don't expect any change in their Policy rate. This then draws every gaze to USD Core CPI tomorrow. So pay attention to that previous low at 126.481 level, if we see a break below it , of course you know what that means .

Amillion-Jack

As we are waiting for the report on the pound this week. I won't say much, but I've seen this cup pattern play out every time. This will be good for swing. I.68300 is my target....unless otherwise. I traded this instead of EURCAD. my favorite Pair analysis on USDJPY will be coming in this night from 12amGMT+1

Amillion-Jack

EURCAD is almost set to make the fourth touch on the resistance. About 65pips remaining to get it done before seeing a crash on the Eurcadz I expect price at 1.42311. But if price manages to break forth, we might likely meet price at 1.4980

Amillion-Jack

RSI is still showing bullish pressure. The report on CPI today is what will tell if this could play out. i still remain neutral on UJ until after CPI.

Amillion-Jack

I'm expecting this to happen. Using a pitchfork, price broke out of the mini descending trendline, i expect a brief retest on that zone before longing tocthe next resistance.

Amillion-Jack

I expect that the dollar will buy off against the Euro for a while before the pair goes back to it's original trend.

Amillion-Jack

From Daily time frame, price was making an uptrend until around June this year. Price started forming lower highs.