Where does OANDA:USDJPY want to go from here ? I'm getting ready to enter short, as well as enter long, depending on the breakout move...
OANDA:NZDUSD might fall down to test the long-term support (target 0.675) or reverse upwards to test the SMA 200 (target 0.712)
USDJPY long target 111.2 USDJPY short target 105.3
If the major support holds FOREXCOM:XAUUSD most likely to go upwards; target 1355
INDEX:DXY getting stronger Waiting for the MACD crossover
OANDA:USDJPY moving inside an upward trending channel Touching lower trend-line Touching lower Bollinger band Bollinger bands squeeze indicates a possibility of a sudden price movement MACD is bearish, no bullish crossover in sight
Trading within a channel, possibly a bear flag formation Bollinger bands squeeze breakout (bullish) SMA 200 moves downwards (bearish) MACD moves upwards (bullish) MACD histogram loses strength (bearish)
OANDA:USDJPY Support at 200 MA Anticipating MACD crossover
OANDA:NZDUSD On the weekly chart, there is still room to downside, until the major support is reached. After that the trend might reverse, unless the support gets broken.
OANDA:NZDUSD Possible head and shoulders pattern is forming, planning to open a short position if the neck line break out occurs.