It looks like performing a Rising Wedge Pattern. I might try a SELL option at 134.450 - 134.555 TP at 133.100 SL at 135.150 See how it goes... Safe Trade Guys...
It could still have a chance to go up! 30 minutes chart. EUR has been doing great against USD last couple of weeks. From my point of view, it will retrace down to 10790-10880, then we will look for a "Buy" option! Up to 11300-11400
From my perspective, GBP will be still weak againts EUR. This coming week, if it retrace, the price will retrace to 89800-90100 Once you see a rejection, we might see a price of 92300.
Many people get confused on how Gold went down so fast. I believe many investors don't feel safe to keep gold as the Corona Virus still in a dangerous state. Hopefully, this Virus will be gone ASAP! Talking about Gold, it has broken my weekly trendline. It could retrace up to (38.2% - 50% fibo<1580-1604>), and continue go down around (1480-1512)
Here is another interesting Weekly chart. NZD/USD... What I see, the price has broken the Weekly Trendline. Option 1: The price will reach at 62200-62400, and retrace down a little bit, and eventually break up the Weekly trendline and find 64000 price Option 2: The price will retrace up to 62200-62400, get rejected, and would go down even further 59400-59250 Safe...
What I see from Weekly Chart, It got rejected at Weekly trendline. Next week, it might have a chance to go up until 6700-6900. Up until this price, there is a possibility to go down one more time (Look for any Rejection) before it goes up to 8300-8500.
Eur/Usd , their price have been fought for quite a while... Hopefully this coming week, it will break the Resistance and find a new Higher High... Safe Trade Folks!
My First Option for Usd/Jpy... Since the price is at 109.675 (a Strong Resistance and Used to be a Strong Support also), and we see it went down again... Chance of being down to nearest Support: Fibo 0.382 (108.973) / Fibo 0.50 (108.756) / Fibo 0.618 (108.538)... And it will try to go Up and Break the Resistance again at 109.675. If it breaks, it will find a New...
3 weeks ago, I tried to predict it will reach 1.11735 (But my predict was only one week would reach it.) and it took longer time. Anyway, I'm still focusing it would be still in "Ascending Triangle" pattern, and eventually will GO UP! Safe Trade as this coming weeks will be a long holiday for Buyers n Sellers
Again, it shows that Japanese Yen might have a possibility to come back this week after last 2 weeks, didn't catch any good economic.
For Gold or XAU/USD, as you can see I draw a consolidation box... It should be testing the "Blue" trendline that I draw. Keep save, Hit n Run!
USD/JPY... On my tele and IG, I have said "Sell Limit at 109.280 - 109.680 is a Great Option" and it really hit up to 109.718 which if you put a Sell Limit, you already make some money $$$... Alright then, Now, we talk for this week... What I see is this week, Yen will go up Strong againts USD.
GBP/CAD... Last forecast for me this coming week. From what I see, last couple days, Gbp came up very strong to any pairs. This time with CAD pair, it might Retest to Resistance at 1.74862, Sell Limit somewhere that number, would be a GREAT Option... Cheers!
This is my view / prediction on how Eur/Usd is going to be for this coming week. "Ascending Triangle" would be my Option 1.