GiorgosTziolas

GiorgosTziolas

As it is, USDJPY seems it is clearly in an uptrend. However, this uptrend is overextended as indicated by RSI and the steep trendline it has formed. I am expecting a pullback to the 0.236 fibonacci retracement area, where it will meet the acsending trendline. From there we can expect further growth. In conclusion: Short term sell, long term buy

GiorgosTziolas

As we can see on the Daily chart GBPJPY has had a nice bullish run to its current price. However RSI and price are at a divergence. We can expect a retracement to the 0.236 or the 0.382 levels before it continues upwards.

GiorgosTziolas Updated 

There is a divergence on the 1W chart as you can see above

GiorgosTziolas Updated 

Gold is moving at an all time high at 1550. 1.RSI is above 82 2. We might be forming a resistance at 1550,and looks like double-triple top. Wait confirmation on the daily 3. 1550 is a crucial psychological level 4. USD should be strengthening in the coming days due to China-US trade agreements said to be signed by Trump on 15th of January

GiorgosTziolas Updated 

As we can see from the Daily price action and the stochastic indicator, there is a bearish divergence. Hence the short position