USDJPY performing an uptrend towards the daily support price, price might retrace back toward the 3rd test level on the trend giving a higher edge to join buyers.
First we understood that price has been making some clear footprint since previous weeks. Base on analysis on the image, price is performing an uptrend which is identified using a rectangle trend. The trend provide an edge to trade following the trend, the price is also making another uptrend from the previous LH towards the next HH. On the recent trend which is...
We might see some pull back towards 33500 before bullish continuation
Gold price consolidated towards 2008 resistance level while performing a symmetrical triangle. Price perform a strong pull back while breaking below 1970 support level which turned a new resistance level. If price retest 1970 resistance level, we might have more pull back towards 1920.
Price performing an uptrend, if price retest the previous breakout level we should expect the next bull run.