ABBSFX

Gold still looking bearish next possible target $1157 ounce

Key Levels broken on this pair one to watch !!!

EURUSD Approaching key monthly support..

forgot to post this chart earlier but as you can see we are now approaching monthly support, risk free trade and currently in profit i will be monitoring this trade closely next week.

After breaking out of a four month range the pound had a sharp decline against the dollar in October, since then the pair has been pulling back and it looks like we could be due for a further bearish decline,the pair has pulled back into a key Fib level and rejected.

USDJPY has formed a base just below monthly support around 100.052, recent price action would suggest that the pair is in early stages of reversal as a key trend line has also been broken. Price is currently testing monthly resistance at 106.131 a break of this level and we can potentially see this pair reach highs of 111.207 in the not too distance future.