GBP/JPY had short further down, heading downwards to the support level of 135.665. We shall see whether price are able to break the support level. Else, there will be an opportunity to go LONG.
EUR/JPY had formed a nice pull back for the past 3 days. Looking forward to test the support level of 121.143 as there are some strong holding point as drawn in square. If the candle failed to break the support level of 121.143, then I will looking for a opportunity to go LONG.
On candle stick pattern wise, GBP/USD shows a Doji + Shooting Star for the past 2 days, showing a weak buy signal. Looking forward for pull back to test MA200 before entering LONG position again.
Gold had formed a 3 white soldiers candle stick pattern for the past 3 days, a strong buy signal appear. However, there's a strong resistance at price 1748. We shall see whether the 3 white soldiers do their work in the next 2 - 3 days time.
Generally, my idea in Day chart is still LONG. Waiting for the break out at price 1748 + pull back before entering LONG position.
EUR/GBP shows an interestingly Head and Shoulder pattern on Day chart. However, it failed to break below the strong resistance of 0.88774, making it to bounce back. Resistance appear in the level of 0.89306, looking back to the history chart as shown in square. The general idea is to wait for the break on this level, wait for a pullback to test again on the...
There had been a strong bull trend over the past week, but however, a pullback starting to shows at 8 June. If GBP/JPY fail to break the resistance level of 135.614, then there will be opportunity to LONG again to the previous high of 144.848.
EUR/JPY shows a strong bull pattern for the past week. Meantime, it also broke the MA200 become LONG trend. However, the strong resistance make it a stop at 124.180. Reversal begin to appear. The next resistance will be at 121.143. If price fail to break the resistance, then there will be an opportunity to LONG this pair again.
GBP/USD shows a strong bull trend over the past week. It had formed a double top as shown in the picture (in square) around Apr'20. However, looking for a triple top and it failed. Leading to a break off MA200, becoming LONG trend. The general idea is, if to trade LONG, wait for the pull back to test the MA200 and wait for the signal to LONG.
EUR/USD had been on strong bull throughout the past week with 8 green candles. On Day chart, it had broke MA200, becoming LONG trend. So my preferred trade will be wait for it to do some pull back, to test the resistance at 1.11514 before begin to LONG again.
On Day chart, gold is doing sideways. The overall trend is still above MA 200. Looking for day chart to break above the resistance, pull back and then long again.
