We've got ourselves a potential head and shoulders on USD/JPY along with a double bottom reversal, let's see what happens in the coming weeks. Sell if we break and close below 110.536/ consolidation and buy if we break and close above trend line and 111.943.
Price broke out of consolidation/ resistance and closed above, retested the area, now acting as support. Retraced at prime 61.8% fib, the target is 1272 /1275, if you aren't already long now would be a good time.
Not much on this chart in terms of technicals but i think we're looking at a buy on this pair, following the uptrend we reatraced at the prime 61.8% Fib level and rallied up until now we're we've found support. We've been consolidating for some time now but as soon as we break and close above then i'll be going long to 128.163.
AUD/USD has been a very tricky pair recently, I've heard all sorts of mixed opinions. I've re-done my analysis on this pair and I think we're going to see a short up movement before a rejection at 0.74573 or the channel trend line, i'm currently long on this pair and i'm looking to take profit around those regions. It's a very tricky pair at the minute, i'll keep ...