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forexfrombed
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Markets Allocation
67 % forex 33 % other
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USDJPY 33% | 1 GOLD 33% | 1 USDCHF 33% | 1
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USDJPY: Time to Sell After Clear Breakout
USDJPY
, 60Short
USDJPY: USDJPY: Time to Sell After Clear Breakout

Sell it. USDJPY has broken through last week's range with continued momentum downward. Personally, I would sell USDJPY now and wait for a pullback to either 30 or 60 moving average on the 5 minute chart. Good luck and trade with caution!

Gold: Trying to Break 5 Years Resistance
GOLD
, DLong
GOLD: Gold: Trying to Break 5 Years Resistance

Gold has been gaining a lot of strength in May primarily due to the dollar weakening and volatility in the US/UK politics. Look out for a break at 1300$. However, a potential pullback to the support trend line at the 1150-1200$ levels is possibly. If a pullback takes place back to the 1200$ levels, Look out for the 5 years resistance breakout at 1270$.

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