Watching higher time frames I'm thinking the CAD/JPY is going to have a pretty big sell off. It seems like it's obeying the trend and the resistance levels. We would want to see the hourly candle close below these levels. (This is a remake, same price and everything) Just don't think I posted it right as I could not see the currency move at all. Hopefully...
Following some short term trend/support analysis and using some of our leading indicators. Thinking it's going to come near the 92.65 level then sell off or break the level. Will keep it updated.
EUR/GBP Near heavy level of resistance and it's hitting the overall down trend line - drawn from the hour 4 chart using basic price action.Currency is also near the weekly high. Hourly candle also formed what looks like a spinning top. Also a sign of a reversal. I can see it dropping to at least 0.73850 then retracing back up. This is if it does have resistance...
Thinking the usdcad is going to break/gap the weaker support trend line and head for the overall trend line drawn from the daily chart. This is if the price does break and close beneath the support level. if not, it looks like it will continue to rise based on the daily chart and the 100 EMA. Just my thoughts of course. Feedback very much welcome.