Looks like USDJPY correction is not over yet on a hourly chart and the prices are oscillating between 120 to 121.5. Expecting price to fall towards the 119 price range before they take off to 122 price range. Most important thing to do now is to "Wait" to see that move up happen and give us chance to trade. Hope for the best..
Dollar index is looking to end its corrective structure and is on its way to start a down move to break its previous impulse down move made during the May 2014. Lets see how the structure unfolds..
AUDUSD is continuing its pullback towards the corrective trendline and i am expecting to break it and go further towards the 0.75 price range before giving a down move. Good luck..
EURJPY - Looks like the corrective structure is ending and we are seeing the upmove now, good opportunity at the 61.8 fib, Looking to buy till the top channel.. If we see a breakout on the top, then we can expect a nice neat move towards the 145 price range... Good luck traders..
EURGBP is likely to break the intermediate downtrend on a 4 hour chart. If that break is real and sharp.. we can expect a price move to the upside towards the 0.76 price range. Waiting for the break and a retrace before the buy.. Good luck..
AUDJPY trying to hit 90 mark.. then potential sell to 75 range on a weekly chart.. Watch for more updates on this pair for potential trade set up in lower time frame.. Stay well.. Follow the trends..
AUDCHF broke the intermediate downtrend and on the way to touch the overall trend. I am expecting one more leg lower before it takes off.. But, test at trend line.. Good luck traders.. Follow the trends..