The GBPJPY has been consolidating for quite some time on the higher timeframes. The Yen is very weak and vulnerable and the pound has been struggling to show growth over the past month. From a technical standpoint, the demand for the pair is present and in the past day, it shows a lot of bullish momentum. My bias stands long as far as trades towards the levels of...
EUR/USD reversal in trend confirmed on the 4HR TF. Bullish break of the neckline on the inverted head shoulders shows.
-Gold is in a downtrend on the 15 minute timeframe. -61.8 fib level. -Bounce of the 20 EMA -Respecting resistance -Respecting Trendlines SHORT GOLD