USDJPY is taking support on its major levels. Japanese yen is not stronger, as we all knows Japan did not increased it interest.
On Friday data, USD become stronger, but GBP become more powerful against the USD. I am much sure GBP will be stronger than USD. I am looking for buying opportunity on it.
EURUSD moving in ascending channel and it will remain in this channel and slowly it will rise more and more. Better to look buying opportunity on every support level.
Last week XAUUSD moved according to our analysis. I am much sure that in coming week XAUUSD (GOLD) will move again according to our analysis.
On Friday USD showed weakness while in other hand Canadian Dollar showed much strength. I think CAD will remain strong in next week against the USD.
Last Friday Japan did not increased its interest rate and this may affect the Yen and Yen fell badly. I believe Yen will continue fall in coming week.
First GBPUSD moved sideway and then moved upside as per our analysis. I believe it will rise more in next week. Keep an eye on DXY movement to trade GBPUSD.
After last week, EURUSD is still in the sideway direction. If you want to trade EURUSD in next week, then keep an eye on DXY movement.
After filling the huge gap, US OIL now trading above the gap which is giving an indication that it will may rise more or may trade in sideway.
Last week I predicted that XAUUSD will move sideway. Now in this week my view for GOLD is still the same.
Wait for the closing of any H$ candle above the previous high of the last week. When candle closed above the previous week high then look for buying opportunity on it. Target is already given.
Japanese Yen seems more weak in next coming week. I believe it will fall against the USD, but while trading it, keep an eye on DXY. Because if you judge DXY perfectly, you will make handsome profit on it.
The USDCHF pair continue falling since many weeks. Every time it made higher low and lower low. At the current situation, I believe USDCHF again make new lower low. Better to look selling opportunity on it.
GBPUSD continue taking support on its trend line, in another words trendline giving much support to GBPUSD. As it is moving I believe it may breakout its previous high.
EURUSD continue taking support on its trend line, in another words trendline giving much support to EURUSD. As it is moving I believe it may breakout its previous high.
GOLD (XAUUSD) took support on its previous level. I think first GOLD will move in zig zag and then it will take off to 2030.
Gold repeating history itself. I believe Gold may fall much harder again from the defined level of resistance. But we can't ignore the current situation of US.
USD is weak against the CAD. I believe its falling journey will remain continue to the next week. It is better to look sell opportunity on it.