Let's see if we can get a bounce off next week on this 1.1150 level as the trade war talk continues.
The Latest development from Draghi showing the possibility of extending QE due to political risk and Italy risk outside of current policy.
What we HAD this week on USDJPY Key rejection off the 114.50 level Followed by 5-day decent 28-Day bull-trend broke Where are we on the Daily chart Where are we on the Weekly chart It does seem to me the price is heading toward the 110.00 level. Let's wait and see where it take us in the next couple of days.
November price and event updates for USDJPY.
GBPUSD forming Pennant heading into its GDP release. Let's see if the downtrend would continue or not.
Looking for a long entry anywhere above the 104.50 level via. a clear breakout. Several key data coming up next week and looking for a continuation on the recent bull trend.
EUDAUD weekly candle closed below the major support level 1.4500 as ECB gave no comments other than left options wide open for December meeting. Several more key news coming up next week and will give us a clear picture if the price decides to stay below the 1.4500 for the time being. EUR PMI number EUR German Ifo AUD CPI
Week 10/16 is news HEAVY on GBPUSD. We will see if this pair will continue breaking new lows.
Buy on dip on the 103.50 level and target 104.50 to 107.50 area.
Setting up for trade No.28. on USDJPY this week. How I Flip Account FIVE Times in 365 Days on Forex Factory www.forexfactory.com
Catching USDJPY burst from the 101.00 level on the excellent July NFP number and possible heading towards the 103.00 level. "How I Flip My Account FIVE Times in 365 Days (2016)" Journal on Forex Factory www.forexfactory.com
BOJ recently rejected the idea of having helicopter money. At the same time it also confirms to double the stimulus package from 3 trill. to 6 trill. On the other hand we have Fed looking to give a lift in 2 months in September. We would definitely see plenty action in August starting this week.
UK leaving eu is certainly putting the members in eu into test. Let's follow up on this pair and all post brexit moves.
6/25/16 UK took the vote and left EU. Some say it's good and some say it's bad. We will find out here.
GBPJPY Post-Brexit moves update Weekly
USDJPY week ended above the 110.00 level as most the Fed members expect a hike in the very soon future.
EURAUD retreats from the 1.5600 level as June approaches. Daily CChart RSI is falling from 70 level MACD has already formed a bear cross.