USDJPY is forming ascending triangle ata current level we may see USDJPY move towards the target 1 and target 2 if triangle breaks on either side one can trade according to breakout.
We can see symetrical triangle forming in GBPJPY on 15min chart which indicate uncertainity once symetrical triangle breaks on either side one can trade on breakout side for longer term.
AUDUSD show continuous down trend since very long time we can see downside channel within within which it is consolidating it might consolidate further for while before resume trend in either direction.
NZDUSD is trading at upper line of channel which is facing two resistance connect each other, one can trade for short with strict stoploss for short side.
After long time we can see in chart that EURGBP break out of channel and move toward upside next targets as shown in chart image before it go higher it may take breath in consolidation zone and then move toward target 2.
as EURCHF chart shows it is trading in down side channel. it may trade for while in upper part of channel one can trade for long if sustain in upper channel with channel mid line as support if mid price break mid line of channel EURCHF will trade in channel for while. f it break channel towards upside we may see price will move towards 1.0800.
GBPCHF seen taking support at support zone it may bounce towards resistance zone and form head and shoulder pattern if pattern forms we may seen long term down trend in GBPCHF .
AUDJPY has taken support at bottom which is long term support also trading in rising channel . one can trade AUDJPY for long at current level and for target 1 as in image.
as we can see from chart NZDJPY for ascending triangle at bottom which has also strong support we can say it will head towards target 1 price from current level and on can long on NZDJPY from current levels
as you can see from chart GBPAUD will stay in range bound for more time one can trade it with channel line as support and resistance.
Currently EURCAD is trading at very long term resistance level it is very much likely to reverse from that level by considering economic condition and news flows. trade can be done with stop loss just above long term resistance line and target will be upper line of channel.
As we can see in chart USDCHF has steeply fall with very narrow angle so we might see bounce back from current level towards the mention line in charts.
USDCAD has show smiliar reversal pattern at bottom several time but it has failed pattern so currently it is show same pattern but i dont consider it will rise as it has high corelation with commodity and commodity prices are on down trend. so we may see down side for USDCAD after consolidation for shorter time.
EURJPY seeing two major top reversal pattern . huge downside move can be capture as of now from down trendline resistance. we can trade for downside with stop loss and target 1 price will be around neck line to head and shoulder pattern subsequently target 2 & target 3 in chart shown.
If we see strong movement in GBPJPY on downside we can get larger price movement benefit on downside trade but if we see a bounce back from minor support then we have targets at very short distance. major trend we see on downside .
As we see in chart USDJPY will trade in range trade can be done according to breakout or support with tight stop loss with risk management.
If we see the chart we can very much see same pattern forming at reversal point or at top from that we can safely consider GBPUSD may see consolidation to down side view if consolidate price movement will be very much in support and resistance level , if we see downside then we can trade with stop loss for target 1 and target 2 price .
EURUSD is trading at major long term channel resistance point D if EURUSD breaks that channel we can see major move upside in price which can be towards the target 1 and target 2 as shown in image but it pullback into channel line then we can trade on short the EURUSD with fixed stoploss and trade for target which is at support of channel line. continuous line -...