EURUSD

Forecast

BEARISH

Targets

1.2200 & 1,2100

Comments

Trendline on 4 hour chart was broken and retested. On the monthly chart, the price was rejected by the long term downwards trendline and the 1.2500 area.

GBPJPY

Forecast

BULLISH

Targets

151.500 & 153.000

Alternative

If lower trendline is broken then expect further downside towards 147.000.

USDJPY

Forecast

BULLISH

Targets

108.000 & 112.00

Alternative

If trendline is broken then expect further downside towards 104.000 & 100.000 in the coming weeks.

NZDUSD

Forecast

BEARISH

Targets

0.7250 & 0.7200

Comments

Enter short trades after the price is below 0.7285.

 

 

NOTE : THIS IS NOT INVESTMENT ADVICE

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