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USDJPY appears to be in what can only be said to be a rather complex corrective pattern in the bigger picture. However it does present some substantial trading opportunities. Current price is viewed as preparation for a bounce towards 115 area first. Close above there will target the 120 area as next realistic resistance. However we expect to see some price...

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Further to our earlier view that EURGBP is bullish in the long term, we have adopted a near term view of the pair. Our view is that this pair has most likely adopted a bearish pattern, at least for the coming weeks, and our near term outlook is now bearish. Overall price structure seems to have traced out what looks like a truncated fifth wave upwards as shown...

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EURGBP seems to be tracing out what seems to be the end of a complex corrective pattern. Price has already bounced off orange critical support trendline so further downside is expected to have hit headwinds. A daily bullish engulfing candle close of current price should bring price to touch critical resistance trendline shown first. Daily close above that...

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GBPJPY has adopted a quite bullish structure. However we expect current price action to have run into temporary headwinds. A retracement back to the 38.2% fib level is favored before substantial push up.

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USDJPY still neutral. Resistance holding but upside favoured

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USDJPY is now @ critical resistance zone shown by confluence resistance zone. Interesting candle formation currently underway. However we need a daily close below blue resistance turned support trend line to confirm definite further decline and a bearish continuation of former trend which began on the 4th of January 2017.

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Sustained trading above orange downward sloping trendline shown is needed to fully confirm mid term bullish run. A daily close below downward sloping trendline and back into the wedge formation cancels the bullish view

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AUDJPY bearish swing trade set to continue. See chart!

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USDJPY brief retracement may have topped out as bearish swing trade looks set to continue. See chart

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AUDJPY is quite bearish. See chart for major bearish target in red confluence zone

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USDJPY bias is still heavily short. Wave structure unfolding as expected and has stretched beyond the 1.618 target. This suggests current price behavior is brief pause in present downward trend. Looking for further short opportunities in current pseudo-rally.

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Trade idea for GBPCHF shown here. However take note of strong resistance zone ahead in the week for potentially choppy, time-wasting, account quivering movements shown just ahead

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Shown here is quick summary or AUDNZD Positioning

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Shown is summary for GBPCHF positioning

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CADCHF wave count now has a different outlook from the bearish one posted at weekend. Corrective triangle structure seems to be valid as well as the price extension outside corrective pattern. Possible buy orders could be seen at current levels to new highs. However we will wait for price to close inside triangle pattern again to open any long positions

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www.tradingview.com CADCHF has traced out a further bearish structure or break-out formation from what looked like a bullish converging triangle forming. Current target is at 0.74214. Below that level focus will fall on 0.72750.

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AUDJPY has behaved exactly as expected and began a correction move we identified as wave 4 of (5) on the 16th of February 2017 to the 24th of February 2017 from 87.050 to 85.930 respectively. However, the outlook is that downward correction @ 85.930 constitutes the end of wave 4 of (5) and upward trend is about to resume. Thus a daily price close above downward...

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www.tradingview.com AUDCAD achieved our bullish target last week at 1.02542 for a total of 227 pips. However the outlook is still bullish and we believe more upside momentum is to come. Target is 1.03681 first. Price close below 1.00984 will invalidate this view.