Mbakan

Mbakan

A bullish flag has formed on the xauusd currency pair and it looks like it will be going up in the coming weeks. There is also a likely possibility for a pullback before shooting up. depending on news events during the weekend. I see price moving to between 1549-1555 before retracing and then going long again. Disclaimer: Views made in these Analysis breakdowns...

Mbakan

As predicted in the prior post the currncy pair went long with a pullback and reached the 108.333 price range.

Mbakan

As per my analysis of the usdjpy on the one hour timeframe. It has formed a full head and shoulders that has broken the neckline and has re-tested the breakout. I see the currency pair going up further for a while before it retraces. I predict it will reach the 108.333 price level. Disclaimer: Note This analysis is purely for personal analysis purposes and it is...

Mbakan

From my bit of analysis on the daily timeframe I am off the view that the currency pair is in a downtrend and will going down for a day further before rallying for a while to form another lower high before going short again further down to the demand area.