NZDUSD making Head and Shoulders Pattern for those who trade chart patterns, this is a good looking setup to take. If it breaks that Resistance then we target atleast 100 Pips.
USDJPY started making lower lows which indicates the change of trend, we are expecting price to go back down for previous resistance which has turned into support. If USDJPY holds that minor resistance, then downtrend for sure.
This is not analysis, just i how i try to mark up my charts. This chart of USDJPY is clear as crystal. Simplicity at its best. Broke the resistance and retest for next resistance.
CADJPY has been trending upside and breaks this inner resistance, this week it could continue upside or trend down. We predict and React!!! Possible 200 Pips to the next resistance/Supply.
Since USDJPY broke this Resistance, we are looking for possible higher lows to buying opportunities above the that area.
EURJPY created Head and Shoulders pattern which is a sign of potential upside movement in the upcoming week. If it fails to break that inner support for downtrend, we are going upside.
USDJPY Retesting this previous Resistance and becomes support, Possible Buy positions for 200 Pips up. USDJPY was choppy if we get a clear uptrend movement, we can enter long position since its the main trend.
USDCHF failed to break Support, after testing it several times. We are expecting Bullish movement after testing that minor support in lower timeframes.
NZDUSD broke the support then ends the week with upside movement towards previous support which became Resistance, we are looking for short possibilities. ACTUALLY NZD MAY BECOME STRONG THIS UPCOMING WEEK. LET'S WAIT AND SEE
This Pair hit the Support in Daily timeframe and forms a double bottom, Possible Uptrend move to the previous resistance.
USDCAD has hit its previous resistance, if it don't break the resistance for upside movement then am looking for short possibilities.
After making head and shoulders pattern, am looking to short this pair if it breaks the inner support of pattern targeting 100+ Pips.
USDCHF been trending downside targeting to hit next support.
Eurjpy has been bouncing inside the triangle, we are expecting Bullish momentum.