


My conclusion is as stated; however, new lows will be created before upside movement. Taking out all the late Sellers for the eventual rejection. In the coming weeks JPY is expected to lose some value to substitute USD Strength to test Dynamic Resistance.
My expectations for the coming days.Leading towards push testing 50% Line WALL-STREET RAISED NYSE INFLUENCED Follow and Like, Keep up to Date
The fluctuation of price towards the minimum lows for the month raised eyebrows for spectators and proceeding in strong buys. The price now is at historical point for experienced spectators and commercial lenders are ready to open positions for the further move towards upside. WALL-STREET RAISED NYSE INFLUENCED Follow and Like, Keep up to Date
=The consolidation thats forming around 1.09074 aligns well with the 0.618 retracement on daily. What we are currently seeing is a Doji on daily ( a perfect signal for a pivot of trend ) - I would like to see a move toward the downside towards 0.618 on the weekly time-frame. - Being that we are in the beginning stage of this pivot I will consider staying in...
Looks like we are getting another push to the downside for GBP/USD opening market .If we can see a break through passed 1.24500- 1.24600 we could be looking hopefully to a structure low.