The australian dollar will probably stop its up move; level between 0.7700-0.7720 is perfect for short position. The targets are shown on the chart.
A pound/yen idea, with a potential for double win. Short now with about 1 figure profit. Expect the move to take back up then, from 140.00 to 143.00. Combine with signals from CCI.
Short GBP/USD at any level close to 1.2530. Take profit 100 pips to the downside.
USD/JPY short idea on daily chart. Level 114.30 is at a Fibonacci retracement, so expect a pullback from it. Just wait for now...
USD/CAD is at a correction phase, as the move is probably going to the 61.8% Fibonacci retracement, which might be a great level for long pos. For the more risky traders now is also a nice position to buy USD. Stop under 61.8%
A probable long potential of USD/JPY after it broke out of the down channel. Watch for the pullback from 115.50-115.60, to the upper line of the channel.
We see a breakout of the uptrend on 1 hour chart. Expect a nice move to about 61.8% Fibo.
Expect a drop in the US dollar after the Trump inauguration, which will be most sensitive against the JPY.
USD/JPY is in a retracement, which gives a nice short opportunity.
Move to about 61.8% retracement, then continue to the upside. Potential for about 150 pips.
A big time short if there is a breakout with a stop above the local high. Good Risk/Reward ratio :)
On a daily chart an idea for potential long position in aussie at around 0.7000. Stop loss should be 2 figures below. Confirmation from CCI. A level around 0.7100 could also be nice for long with a smaller size.
Short idea: -pullback from the trend line -divergence with the CCI -4H chart -close stop loss, above the highs