Testing 200 moving average and 2015 January resistance zone. Seems reasonable zone to short.
If daily closes Above TL then trade will be canceled otherwise it's on!
I'm loading shorts from 1.11400 till 1.14000 Target 1.0000 Fundamental and technical aspects will bring this pair down soon...
Head and shoulders pattern confirming and fundamentally risk off period is coming. Considering ECB's dovish policy EURJPY will be best candidate to short during the risk off period.
I was thinking top is near after last week it seems we still have bull move ahead...
NZD has been staying at oversold zone for couple of days now it's time for correction, considering GBP weakness GBPNZD has to make larger correction before it starts major bull run.
I've been shorting from 60 and targeting 40 zone... We might have some consolidation mode at 50 but price is gonna break that support level and targets 40.
Gold hasn't finished its down trend move. Currently PA moving withing Down trend channel. Monday opening tested Down trend channel upper line. I'll short at this level with SL 1.202 With First TP at 1180.04 Second TP will be at 1170.15.
EU tested H4 down trend channel Upper line at FIb 0.236 level considering PA still under Bear cloud. we start down move from this level. With first Target 1.085 and below
USD correction likely continue in this coming week. Considering hawkish tone from Carney GU has high potential to go up... Technically PA broke consolidation zone to the upside...
Fundamentally nothing has been changed with EURO thus this pull back is opportunity to short EURJPY.... Target 126...
Short term bearish set up. New York Open couldn't break resistance at 1236. now time to retest support.
PA divergence with RSI and ABCD price pattern confirmed Short after H4 candle close with first target 50.33
If today any hawkish tone comes out from BOE and considering RBNZD's dovish sentiment Weekly Head and Shoulders pattern might work and will target Fib levels 03.82 around 2.26000 and 0.618 around 2.4900 zones...
USDJPY H4 Last week UJ tested daily support line around 117 zone.... After strong employment data from US, UJ took off and broke minor resistance lines from last weeks. However bulls paused at Triangle resistance line from 2014 December high..... Considering this strong bullish rebound, coming week (09.02-14.02) Price might break the resistance line and target...
USDJPY H4 Last week UJ tested daily support line around 117 zone.... After strong employment data from US, UJ took off and broke minor resistance lines from last weeks. However bulls paused at Triangle resistance line from 2014 December high..... Considering this strong bullish rebound, coming week (09.02-14.02) Price might break the resistance line and target...
Last week price tested Fib 0.50 level and strong pull back took out the price from Ichimoku Clouad.... Strong Employment data from US drived index even more higher ... Now PA formed Reversed Head and Shoulder patterned ..... We have possibility to test 2007 February high at at 18310 area...
If price bonus back from this level....... we might see up trend channel with h4......