bpifx

bpifx

As we see a perfect H&S forming on the 4 Hourly, We also have a break of the TL

bpifx

Potential Long

bpifx

Potential Long

bpifx

Potential Short

bpifx

The USD/JPY pair stalled its early European session recovery move just ahead of the 113.00 handle and is now headed back towards the lower end of its daily trading range. The Japanese Yen rose sharply on Tuesday after the Bank of Japan trimmed its purchases of long-dated government bonds and fueled speculations that the central bank could start to wind down its...

bpifx

Having posted a session low level of $1240, gold gained some traction and spiked to fresh session tops during the early NA session. The latest leg of a sharp spike over the past hour or so was solely led by a sharp US Dollar slide following the latest disappointment from the core CPI print. A weaker greenback tends to underpin demand for dollar-denominated...

bpifx

Looking at the chart a Gartley Bearish pattern is in play. Using Fib levels, I have calculated the next structure level to be around 1.18400 area (0.785 Fib level). Suggestions will be to set a sell order at that area. Target should be 1.16600 and 1.16000 in extension.

bpifx

H&S FORMED AT THE BOTTOM, BREAK OUT IN DAILY SUPPORT CONFIRMED A FURTHER UPSIDE

bpifx

Been keeping an eye on this pair within the last couple on months. After a run to 1.18200 and 1.18600 in extension, A rejection candlestick was formed to show clear direction to the down with 1.16000 as target.

bpifx

A retest to previous structure then a pull back to low level indicated

bpifx

Considering a buy order to 0.69700 as per trend consolidation.. This pair is under pressure, However still show a bullish trend

bpifx

Pivot: 132.60 Our preference: short positions below 132.60 with targets at 131.90 & 131.40 in extension. Alternative scenario: above 132.60 look for further upside with 132.85 & 133.15 as targets. Comment: the RSI is bearish and calls for further downside. Supports and resistances: 133.15 132.85 132.60 132.03 Last 131.90 131.40 130.90

bpifx

Pivot: 114.15 Our preference: short positions below 114.15 with targets at 113.60 & 113.30 in extension. Alternative scenario: above 114.15 look for further upside with 114.40 & 114.70 as targets. Comment: the RSI has just broken below a rising trend line. Prices broke below a rising channel. Supports and resistances: 114.70 114.40 114.15 113.79 Last 113.60...

bpifx

Target zones for BTC will happen within the next couple of days. $7752 & $7900 regions will be my target and anticipated reversal levels.

bpifx

Pivot: 1273.50 Our preference: short positions below 1273.50 with targets at 1265.00 & 1260.00 in extension. Alternative scenario: above 1273.50 look for further upside with 1280.50 & 1284.00 as targets. Comment: the RSI is capped by a bearish trend line. Supports and resistances: 1284.00 1280.50 1273.50 1269.72 Last 1265.00 1260.00 1253.00

bpifx

USD/JPY Intraday: turning down. Pivot: 114.45 My preference: short positions below 114.45 with targets at 113.50 & 113.15 in extension. Alternative scenario: above 114.45 look for further upside with 114.75 & 115.00 as targets. Comment: the RSI is mixed to bearish. Supports and resistances: 115.00 114.75 114.45 114.09 Last 113.85 113.70 113.50