wolfofmufken

wolfofmufken

USDCHF Quick Price Analysis, am expecting the price to sell down to the trendline before the next aggressive move up.

wolfofmufken

On the 1hr chart price on USDJPY is currently trading within a symmetrical triangle, a break above the top trendline resistance will attract moves to the higher resistance zone near the orange line. Failure to break the trendline will see a corrective move to the bottom before the next impulsive move up.

wolfofmufken

GBPJPY bulls are pushing to break out of the symmetrical triangle on the H1 timeframe, above this level, we will see a bull run to the supply zone as indicated on the chart.

wolfofmufken

USDJPY is heading towards our supply zone, am anticipating a sell down if price fails to break that zone.

wolfofmufken

Possible outcomes of the CPI data ahead for NZDUSD, currently at strong resistance, we may see a drop(short sell) to the OB before a buy going long.