GBPJPY found support at the 178.0 level. If you zoom out to weekly chart you would see a huge upward trend channel started back in 2012. It's a good opportunity that the trend holds and we see a upward move. From the fundamental point both National Banks BoE and BoJ are holding their interest rates at a record low.
TP1 185
TP2 189.4
SL 177
New Zealand Dollar is in a downtrend since topping at 0.88 in mid 2014. In the last months the downtrend slowed down after breaking major support line. I aspect a continuation in the downtrend to 0.760 (likely) to 0.750 (not sure but possible). At this level a plan to buy this pair. The next major support is at 0.74-0.73 (orange line).
Best Entry at 0.76...
euro is under pressure, usdollar index is getting stronger
therefore i will long usdcad next week.
best entry is under 1.09 or @1.08 area
t1 @1.11
sl 1.07
Nobody can deny that EURUSD is almost 4 months downtrend since May 2014 after the double top pattern.
Now EURUSD almot reach the lowest support area since May & July 2013. We think this is the possible reversal area @ 1.2800 that buyers will take control the price to push EURUSD for LONG direction.
StopLoss : 1.2720
Entry : Potential Entry...
