USDJPY Tuesday outlook on usdjpy. We are looking to enter after that pullback around the 112.550 area as it faces the trendline and breakout support for a trnd continuation to the upside.
Nice bounce off the trendline for buyung opportunities of this pair. Target at round the 1.31500 area.
Gold on trend resistance. The wick on the previous bullish candle signals major rejection and the trend is respected. Looking for bearish entry through today.
This is my 500 pip analysis prediction on this pair. Ad you can see this is on the daily chart. Breaking that edge next 2 weeks reaching our target wih the help of NFP.
As we can clearly see from the 15 min chart, gold is on a restest to the breach of that previous trend and should it fail be ready for a very good and strong sell.
From the weekly trend, this pair has been rising for three days from Monday to Wednesday, anchored on Thursday and has since been retracing on that downtrend trend line. As of today, it has already failed to breach that trend line and formed a double top which gives more reason to enter short on this pair
this pair has been trending for three days since Teusday, through Wednesday, Thursday and today will be the end of week reset. End up breaking the weekly trrend for a new next week trend.