Possible double bottom. Worth a long if price breaks neckline strongly.
Daily trendline looks to have held again on GJ. This time round, I'm looking for an upside target of 150.50 achievable by Tuesday with Average Earnings news as a catalyst.
Double bottom seems to have formed at key horizontal support area along with trendline support. Dovish BOE is already priced in, we might see GBP gain in general.
Head and Shoulders pattern. If price breaks trendline, a sell on the re-test would be a good opportunity.
Quick scalp with first target at channel top. USD is still strong and I see no signs of reversal yet.
Price broke up aggressively above neckline of triple bottom formation. We could see a possible re-test or just a shoot up to 0.02 potentially
1.39 is an area where I'll be looking to short GBPUSD and a successful break below neckline of double top (at 1.3760) will mean much more downside to come. First target would be September 2017 high (at 1.3657)
Will short on the break of trendline or when price reaches resistance @ 0.7850
Rejection and 27/4 candle's body is bigger than 26/4 candle's body (bearish > bullish). Would be looking to short this pair in the coming week.
Bounced off trendline, looking to go long here with 1334 as target.
0.7645 is a good tp level for a long from current market price (@ 0.7580) and also a good entry (38.2 fib level, trendline resistance & horizontal resistance) for short with tp @ 0.75
NZDCAD broke below support level and has in turn created a bearish view now as compared to the previous analysis done for this pair (linked). I'm looking for a pullback to 0.9170 where it's a good area to short it with 0.90 as a target. 200 MA acting as a dynamic support level too.
Looking to short GBPJPY @ 150.50 with 147.50 as target.
109.50 proved to be strong trendline resistance and we can see price has since rejected that area. 108.50, 107.90 and 107.50 might be stumbling blocks for any further move downwards for USDJPY.
100+ pips upwards on offer this coming week at the expense of Dollar retracement. It seems very likely that Dollar bulls are finally exhausted and giving bears a chance this week before they come back for action next week possibly. 1.2230 looks possible in the coming week.