USD/JPY: confirmed 'High Wave'
The market is likely going to test the Moving Averages again. At the same time, these lines could be a departure point for...
GBP/JPY finding strong dynamic resistance
GBP/JPY managed to break a bearish trend line projected since July 17th session and it’s now looking for a consolidation above the 200 SMA at H1 chart. However, the pair is facing off the dynamic resistance offered by that moving average and it seems that we can get a pull back at this stage, as it coincides with the Fibonacci retracement zone of 50% - 65% at the 145.77 and 146.81 levels. If that happens, the pair could reach the short-term target of -23.6% at 143.12.
RSI indicator remains overbought and it’s favoring for the bearish scenario.
Felipe Erazo
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EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
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