JPY is going to be strong in the coming days.. So you can look for sells on pairs such as AUD/JPY, CADJPY, NZD/JPY ETC. Price has created two touches at the top giving us a potential valid structure, So the market has a high potential of reaching the third touch.
A further deep expected after a retracement to the closest imbalanced supply plotted with a line at its beginning
A trade we had last week and what we are expecting to see on the coming week
WE BROKE THE 4 HOUR UPTREND AND NOW WE RETESTING IT , CAN WE GO LOWER NOW
70% chance to get 1.18900 EURUSD has to complete its 5th wave before making a u-turn
We have multiple indications for a long set-up on EURNZD. First of al we have received a Fib completion, which indicates us a switch of momentum. It seems like we hold the Supply & Demand zone as support. The Big driver is clearly Bullish. Everything between the 2 blue boxes can be relief for more upside momentum. We also do have an ascending trend line...
In this video I cover my FX Market Breakdown for the Week Commencing 29/06/20. Markets Analysed: - DXY - EUR/USD - GBP/JPY - GBP/USD