I think gbpjpy is about to pivot and we will soon see 197.000 on the M30 timeframe presents a potential shorting opportunity due to a recent breakout from a wedge pattern.
GBPJPY: Should be ready for a bearish move soon In this daily chart, it can be seen that the market has stopped the price several times, rising above 188.95. Over the past week, all daily candles have met resistance in this area and are losing volume. We must understand that it will not be so easy for the JPY to strengthen as long as the BOJ is not reacting. The...
Hey guys, I'd like to share with you my thoughts on eur/usd pair for next couple of days. As we see previously, we have pretty strong support on 1.171 zone. So structure will pretty likely touch 1.171 zone and then if we see break dawn we sell. Because we have completed head and shoulders pattern and as well we are in bearish channel on daily chart in this...
Expectations for the next week on pair EURZAR
EURZAR - Short breakout and then long option.
We will see new potential long or short. Just wait for break. Happy trading.